Estee Lauder Cos., Inc. - Ordinary Shares - Class A

NYSE:EL  
237.70
+2.32 (+0.99%)
Other Pre-Announcement

Estee Lauder Q3 Net Sales $4.25 Bln

Published: 05/03/2022 11:19 GMT
Estee Lauder Cos., Inc. - Ordinary Shares - Class A (EL) - Estee Lauder - Net Sales of $4.25 Billion for Its Q3 Ended March 31, 2022, an Increase of 10% From $3.86 Billion in Prior-year Period.
Qtrly Organic Net Sales Increased 9%.
Qtrly Diluted Net Earnings per Common Share Was $1.53.
Estee Lauder Companies - Delivered Strong Sales Growth in Quarter in Context of Increased Covid-related Restrictions in China Beginning Mid-march 2022.
Estee Lauder - Longer-term, Expects to Return to Its Growth Targets of 6% to 8% Sales Growth, 50 Basis Points of Operating Margin Expansion.
Estee Lauder Companies - Longer-term, Expects to Return to Double-digit Adjusted Diluted Earnings per Share Growth in Constant Currency.
Sees FY Adjusted EPS $7.05 - $7.15.
Estee Lauder - Full Year Fiscal 2022 Reported Net Sales Are Forecasted to Increase Between 7% and 9% Versus Prior-year Period.
FY Diluted Net Earnings per Common Share Are Projected to Be Between $6.54 and $6.70.
Estee Lauder - for Post-covid Business Acceleration Program, Charges Estimated to Be Between About $55 Million-$85 Million, Equal to $.
12-$.
18/share for FY Fiscal 2022.
Q3 Earnings per Share View $1.67, Revenue View $4.31 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $7.57, Revenue View $18.61 Billion -- Refinitiv Ibes Data (analyst estimates).
Estee Lauder - in Asia/pacific Region, Several Markets Prospered in Quarter, Led by Japan While Our China Results Were Pressured by Covid Restrictions.