Estee Lauder Companies Raises Fiscal Guidance Amid Strong Q3 Performance
Estee Lauder reported a 2% increase in organic sales and a 40% rise in diluted EPS for its third quarter, driven by strong fragrance growth. The company raised fiscal 2026 guidance with an operating margin target of 10.7%-11%, while also providing preliminary 2027 targets showing expected continued improvement.
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Topics: channel_shifts financial_results guidance_update restructuring_charges