EL · 8-K · 20261102PR000057
Restructuring Charges
ESTEE LAUDER COMPANIES INC · 2026-11-02 · Importance 38 · Surprise 46 · In source text
Restructuring and other charges in operating expenses were $40 million in the first quarter of fiscal 2027, down 55% from $89 million a year earlier. The company’s reconciliation shows restructuring and other charges of $41 million for adjusted operating income purposes, compared with $86 million in the prior-year quarter. The $45 million reduction in charges contributed to the year-over-year increase in reported operating margin.
Key facts
- The company recorded $40 million in restructuring and other charges in the three months ended September 30, 2026, compared with $89 million in the prior-year quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -1.1% | The company recorded $40 million in restructuring and other charges in the three months ended September 30, 2026, compared with $89… |