EL · 10-Q · 2026Q3 · Full report

Restructuring and Headcount

ESTEE LAUDER COMPANIES INC · 2026-11-02 · Importance 60 · Surprise 74

Restructuring and other charges were $1 million in the September 2026 quarter, compared with $2.6 million in the prior-year quarter in the comparative results table; the non-GAAP reconciliation reports charges of $45 million and $86 million, respectively, for the periods presented. The company said lower employee-related costs enabled by the PRGP contributed to lower non-consumer-facing expenses. The restructuring program is part of the PRGP and centrally directed charges are excluded from product-category and geographic performance measures.