Estee Lauder Q1 beat: sales up $234M, adjusted operating income up $194M, so ~83 cents of every extra sales dollar became profit
Estée Lauder (EL) reported fiscal Q1 results Monday morning: sales up 7% to $3.715B, adjusted EPS of $0.72 vs $0.51 expected and a raised full-year outlook.
The number I like: sales grew $234M and adjusted operating income grew $194M. About 83 cents of every extra sales dollar fell to profit. That's a real turnaround. Not financial advice.
https://www.businesswire.com/news/home/20261102120928/en/The-Este-Lauder-Companies-Reports-Fiscal-2027-First-Quarter-Results
Sources: Reuters: Estee Lauder lifts annual targets; adj. EPS 72 cents vs 51 cents expected, sales $3.72B vs $3.65B · @WOLF_Financial: EL Q1 revenue $3.72B vs $3.65B, adj EPS $0.72 vs $0.51, fragrance $861M +19%
Not financial advice. For informational and educational purposes only.