Estée Lauder Companies, Inc. (NYSE:EL) reported in-line earnings for the fourth quarter on Wednesday.
The company reported adjusted earnings per share of 9 cents, which is in line with the street view. Quarterly sales of $3.41 billion (down 12% year over year) outpaced the analyst consensus estimate of $3.397 billion.
Based on current information and net of planned mitigation actions, Estée Laude expects tariff-related headwinds to impact fiscal 2026 profitability by approximately $100 million.
“Despite continued volatility in the external environment, we embarked on fiscal 2026 with signs of momentum and confidence in our outlook to deliver organic sales growth this year after three years of declines and …