{"schema_version":"secwatch.filing_event.v1","accession":"0001001250-23-000052","form_type":"8-K","ticker":"EL","cik":"0001001250","company_name":"ESTEE LAUDER COMPANIES INC","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.518099+00:00","generated_at":"2026-06-15T23:54:37.285184+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Estée Lauder Q3 net sales -12%, EPS $0.43; cuts FY outlook on Asia travel retail drag","bullets":["Q3 net sales $3.75B, down 12% reported and 8% organic; reported diluted EPS $0.43 vs $1.53 prior year.","Adjusted diluted EPS fell 75% to $0.47, including a 3% currency-transaction drag from travel retail.","Lowered full-year fiscal 2023 outlook: reported net sales decline now 10-12% due to slower Asia travel retail recovery.","Declared quarterly dividend $0.66 per share, payable June 15 to holders of record May 31.","Completed TOM FORD brand acquisition April 28 for ~$2.25B cash plus $300M deferred, funded by cash and commercial paper."],"urls":{"canonical":"https://secwatch.observer/filing/0001001250-23-000052","json":"https://secwatch.observer/filing/0001001250-23-000052.json","markdown":"https://secwatch.observer/filing/0001001250-23-000052.md","text":"https://secwatch.observer/filing/0001001250-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001250/000100125023000052/0001001250-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001250/000100125023000052/el-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:54:37.285184+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d2d217cce73e5b20c08f796e6aaef819597a28cd","claim":"ESTEE LAUDER COMPANIES INC reported fiscal quarter ended March 31, 2023 results: revenue $3.75 billion, net income $156 million, EPS $.43. Guidance lowered.","evidence_excerpt":"in Asia Travel Retail Focused on Accelerating Balanced Growth Post-Pandemic New York, May 3, 2023 - The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $3.75 billion for its third quarter ended March 31, 2023, a decline of 12% from $4.25 billion in the prior-year period, including the negative impact from foreign currency. Organic net sales","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001250/000100125023000052/0001001250-23-000052-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal quarter ended March 31, 2023"},{"label":"Revenue","value":"$3.75 billion"},{"label":"Net income","value":"$156 million"},{"label":"EPS","value":"$.43"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}