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Estee Lauder raises annual forecasts on resilient demand ahead of holiday season

The company said fragrance sales rose 20% and adjusted earnings climbed to 72 cents a share as premium beauty demand held up.

Summary by WTVB
Nov 2 (Reuters) - Estee Lauder raised its annual sales and profit forecasts on Monday, banking ​on resilient demand for its ‌premium skincare and fragrance brands ahead of the holiday season as CEO Stephane de La Faverie's year-long turnaround efforts ...

8 Articles

Le Labo, Tom Ford, Jo Malone: US brands are particularly popular among younger and affluent consumers, driving the company's sales and profits, which increases its annual forecast after a strong quarter.

·Düsseldorf, Germany
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Rising inflation worldwide does not seem to be affecting the beauty industry. Estée Lauder is the next company in the beauty sector to show strong figures. The American company has undergone a major overhaul in recent years, including the layoffs of 10,000 employees. However, the latest quarterly figures were a statement of strength and the company is now raising its sales forecast for the current year. Organic sales are now forecast to grow by …

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The News Tribune broke the news in Tacoma, United States on Monday, November 2, 2026.
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