Estee Lauder (EL) Tops Q1 EPS by 5c, Misses on Revenue

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The Estée Lauder Companies Reports Fiscal 2025 First Quarter Results

October 31, 2024 6:30 AM EDT

Net Sales Decreased 4% and Diluted Net EPS Decreased to Net Loss Per Share of $.43

Organic Net Sales1 Decreased 5% and Adjusted Diluted EPS Increased to $.14

Withdrawing Fiscal 2025 Outlook Amid Incremental Uncertainty on Timing of Stabilization in
Mainland China Market and Asia Travel Retail as well as in the Context of Leadership Changes

Reducing Dividend to a More Appropriate Payout Ratio

NEW YORK--(BUSINESS... More