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Add as a preferred source on GoogleEstée Lauder Raises FY2027 Outlook After First-Quarter Results
Revenue topped estimates by $70 million, while the adjusted effective tax rate fell to 31.9% from 40.5%.
The Estée Lauder Companies Inc. raised its full-year fiscal 2027 outlook after first-quarter revenue rose 6.9% year over year to $3.72 billion and non-GAAP earnings per share reached 72 cents.
Revenue was $70 million above estimates. The adjusted effective tax rate declined to 31.9% from 40.5%. The results follow TokenPost’s preview of the first-quarter report.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.