The Estée Lauder Companies Reports Fiscal 2026 Third Quarter Results

About this update from Estee Lauder Companies, Inc. (the)

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(NYSE: EL) today reported its financial results for the third quarter ended March 31, 2026.","length":164,"tagName":"p"},{"type":"text","content":""Our third quarter results extend strong year-to-date performance, driven by Beauty Reimagined," said Stéphane de La Faverie, President and CEO. "In the first nine months of fiscal 2026, organic sales for Fragrance rose double-digits, while three of four regions grew, led by high single-digit growth in Mainland China where we outperformed prestige beauty to gain share. With momentum across all five action plan priorities of Beauty Reimagined, today we raised our fiscal 2026 outlook, now expecting organic sales growth at the high-end of the prior range and adjusted operating margin expansion to approach 300 basis points, bolstered in part by adjusted gross margin expansion."","length":702,"tagName":"p"},{"type":"text","content":"de La Faverie emphasized, "Fiscal 2026 is promising to be the pivotal year we intended, one in which we restore organic sales growth and expand our adjusted operating margin for the first time in four years. Looking ahead to fiscal 2027, we are confident in our improving trajectory and realizing the benefits of One ELC, especially its One Operating Ecosystem which will be fully deployed. Our preliminary view is to accelerate organic sales growth and for adjusted operating margin to approach 13%, albeit in an uncertain geopolitical and macroeconomic environment."","length":578,"tagName":"p"},{"type":"text","content":" FISCAL 2026 THIRD QUARTER SELECT FINANCIAL RESULTS (unaudited) 1,2,3 ","length":67,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-top:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:5.0px;width:73%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"6","rowspan":"1","style":"border-top:solid black 1.0pt;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;background-color:#CCEEFF;padding-left:0.0px;vertical-align:middle;text-align:center;list-style-position:inside;","val":[{"type":"text","content":" Three Months Ended ","length":18,"tagName":"p","attribs":{}},{"type":"text","content":" M arch 31 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further fueled its momentum in cushion foundation in Asia with Architecture Radiance Hydrating Foundation launched in March 2026; and relaunched its iconic Runway Eye Color Quad with newly elevated modern luxury packaging in March 2026","length":353,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"KILIAN PARIS launched Her Majesty in January 2026, broadening the brand’s olfactory range with its first chypre scent","length":117,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"BALMAIN Beauty debuted Destin de Balmain Eau de Parfum, marking the brand’s entrance into prestige fragrance with a refillable, bold floral-fruity scent in March 2026","length":166,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Jo Malone London launched a commercial innovation with the "Two Sisters, One Perfect Pear" campaign, spotlighting the English Pear & Freesia and English Pear & Sweat Pea scents, in March 2026","length":209,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":1592,"olType":false}]},{"val":[{"type":"text","content":"Expanded consumer coverage:","length":27,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Continued expansion on:","length":23,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Amazon from January 2026 through April 2026, with a total portfolio of 12 brands across 10 markets","length":98,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"TikTok Shop from January 2026 through April 2026, with a total portfolio of 12 brands across seven markets","length":106,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":204,"olType":false}]},{"val":[{"type":"text","content":"Amplified specialty-multi distribution, with M·A·C’s launch in select U.S. Sephora locations as well as online and in Sephora at Kohl’s in March 2026","length":149,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Announced in March 2026 that the Company has entered into an agreement, subject to regulatory approvals, to acquire the remaining interest in Forest Essentials, the Indian beauty brand grounded in the science of modern Luxurious Ayurveda","length":237,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Broadened Fragrance distribution, including four net new freestanding stores opened globally in the fiscal 2026 third quarter, led by Le Labo and TOM FORD, and 27 net new freestanding stores opened globally for the nine months ended March 31, 2026, led by Le Labo and Jo Malone London","length":284,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":897,"olType":false}]},{"val":[{"type":"text","content":"Reimagined the way the Company works, strategically leveraging leading external organizations to advance its organizational transformation and fully establishing its One ELC operating model:","length":190,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Announced its strategic partnership with Shopify Inc. in October 2025 to modernize its digital technology infrastructure and deliver best-in-class omnichannel consumer experiences; 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