Estee Lauder Raises Full-Year Outlook After Strong 1Q
Dow Jones11-02 19:20
Estee Lauder raised its fiscal 2027 full-year guidance following first-quarter results that exceeded prior expectations. The company now projects organic net sales growth of 4.0% to 5.5%, up from a previous range of 3% to 5%. Adjusted diluted EPS is expected between $3.20 and $3.45, compared with prior guidance of $3.10 to $3.35. CEO Stephane de La Faverie said the company has moved beyond restoring growth and is building diverse drivers for sustained profitable growth. The company maintained a cautious stance, citing ongoing geopolitical and macroeconomic uncertainty.
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