EL · 10-Q · 2026Q3

ESTEE LAUDER COMPANIES INC

Filed 2026-11-02 · Industrials · View original filing on EDGAR

Everything EL's SEC filings said, ranked

Ranked Events

• Operating Income and MarginsImportance 69 · Surprise 64
  Operating margin increased to 11.0% for the quarter ended September 30, 2026, from 4.9% in the prior-year period, while reported operating income increased by more than 100%. The margin improvement was primarily driven…
• Acquisitions and DivestituresImportance 65 · Surprise 60
  On October 5, 2026, after the September 30 quarter-end, the company acquired the remaining 51% equity interest in Mountain Valley Springs India Private Limited, owner of the India-based Forest Essentials beauty brand.…
• Restructuring and HeadcountImportance 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…
• Fragrance Market DemandImportance 48 · Surprise 40
  Fragrance net sales increased $140 million, or 19%, for the three months ended September 30, 2026, with volume up 20%. Le Labo, TOM FORD, Jo Malone London and Estée Lauder together contributed approximately $117…
• Income Tax Rate ChangesImportance 45 · Surprise 64
  The effective tax rate declined to 32.5% in the September 2026 quarter from 56.9% a year earlier, a decrease of 2,440 basis points. The filing attributed the decrease primarily to a more favorable estimated full-year…
• Outstanding IndebtednessImportance 42 · Surprise 14
  Total debt was $7,251 million at September 30, 2026, including $6,748 million of long-term debt. Debt equaled 64% of total capitalization, down from 66% at June 30, 2026. As of October 26, 2026, long-term debt was…
• Supply Chain Tariff ImpactImportance 40 · Surprise 42
  The company is monitoring changing tariff conditions in the United States and other markets, which have caused global-market volatility and made demand more difficult to forecast. It is mitigating exposure by…
• Revenue Performance and MixImportance 36 · Surprise 14
  Net sales increased 7% to $3,715 million for the three months ended September 30, 2026, from $3,481 million a year earlier. Volume contributed 7% growth and favorable foreign-currency translation contributed 1%, partly…
• Geographic Revenue PerformanceImportance 32 · Surprise 24
  Reported net sales increased across all geographic regions, led by Mainland China and Asia/Pacific. Asia travel retail growth was driven by replenishment orders at the Beijing and Shanghai airports amid stabilization…
• Operating Expense TrendsImportance 31 · Surprise 32
  Operating expenses were 64.7% of net sales in the September 2026 quarter, down from 68.5% a year earlier. Higher consumer-facing investment, particularly advertising for new product innovation, key campaigns and…
• Gross Margin DriversImportance 31 · Surprise 32
  Gross margin increased to 75.7% for the quarter ended September 30, 2026, from 73.4% in the prior-year period, a 2.3 percentage-point improvement. The company attributed the increase to business mix, higher sales, net…
• Foreign Exchange RiskImportance 30 · Surprise 14
  A hypothetical 10% weakening of the U.S. dollar would have reduced the fair value of the foreign-currency forward portfolio by approximately $159 million at September 30, 2026, compared with $164 million at June 30,…
• Strategic InitiativesImportance 26 · Surprise 24
  The company continues to execute its “Beauty Reimagined” strategic vision, which spans consumer coverage, innovation, consumer-facing investment, efficiencies, and changes to how the organization works. The Profit…
• Liquidity and Cash PositionImportance 24 · Surprise 14
  Cash and cash equivalents were $3,198 million at September 30, 2026, down from $3,498 million at June 30, 2026. The company said cash on hand, operating cash generation, available credit lines and capital-market access…
• Segment Revenue PerformanceImportance 24 · Surprise 14
  Skin Care sales increased $76 million, or 5%, to $1,651 million, with La Mer and The Ordinary contributing approximately $97 million of combined growth. Makeup sales rose $18 million, or 2%, to $1,048 million; M·A·C…
• FX / Currency ImpactImportance 7 · Surprise 6
  The company generates the majority of its net sales outside the United States, making results subject to foreign-currency fluctuations; reported net sales benefited by approximately $20 million from currency…

Revenue by Product (in millions)

Revenue by Geography (in millions)