secwatch.observer — SEC 8-K summary
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Issuer:     ESTEE LAUDER COMPANIES INC (EL)
CIK:        0001001250
Form:       8-K
Filed at:   2023-08-18T23:59:59+00:00
Accession:  0001001250-23-000110
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Estée Lauder FY2023 sales down 10%, EPS $2.79; declares $0.66 dividend
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- Full-year FY2023 net sales $15.91B, down 10% YoY; organic net sales down 6%.
- GAAP diluted EPS $2.79, down 57%; adjusted constant currency EPS $3.46, down 49%.
- Q4 net sales $3.61B (+1% reported, +4% organic) with GAAP net loss $33M, EPS -$0.09.
- Company expects FY2024 organic sales growth and progressive margin recovery (no specific guidance numbers in available text).
- Quarterly dividend of $0.66 per share declared, payable Sept 15, record Aug 31 (unchanged).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001250/000100125023000110/0001001250-23-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001250/000100125023000110/el-20230817.htm
  HTML page:      https://secwatch.observer/filing/0001001250-23-000110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer