U.S. COMPANY FILING
ESTEE LAUDER COMPANIES INC — Form 10-K filed 2026-08-19
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Estee Lauder reported fiscal 2026 net sales of $15,049 million, up 5% from $14,326 million, and net earnings of $182 million, a turnaround from a net loss of $1,133 million in fiscal 2025. Operating margin improved to 5.2% from -5.5%. On a non-GAAP basis, operating income rose 47%. Growth was seen across all product categories and regions, with Mainland China operating income up 92%. The company continued its PRGP restructuring and faced securities class action and talcum litigation charges.
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