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Reigniting growth: Asia travel retail recovery buoys The Estée Lauder Companies’ full-year results
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Reigniting growth: Asia travel retail recovery buoys The Estée Lauder Companies’ full-year results
Recovery momentum in Asia Pacific travel retail was a key dynamic as The Estée Lauder Companies (ELC) returned to sales growth and improved profitability in the year ended 30 June 2026. ELC recorded reported net sales of US$15 billion for the full year, up +5% year-on-year, with organic net sales increasing +3%. Net earnings per common share reached $0.50 from a loss of US$3.15 in FY2025. The improvements reflected the benefits from the company’…
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