{"schema_version":"secwatch.filing_event.v1","accession":"0001001250-23-000175","form_type":"8-K","ticker":"EL","cik":"0001001250","company_name":"ESTEE LAUDER COMPANIES INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.776067+00:00","generated_at":"2026-06-09T01:41:36.783886+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.82,"calibrated_materiality_score":0.82,"confidence":"high","headline":"Estée Lauder Q1 net sales -10%, EPS $0.09; lowers FY2024 guidance citing Asia travel headwinds","bullets":["Net sales $3.52B (-10% YoY); diluted EPS $0.09 vs $1.35; adjusted EPS $0.11 vs $1.37.","Organic net sales declined 11% driven by Asia travel retail weakness and slower China recovery.","Lowering FY2024 outlook: reported net sales -2% to +1%, adjusted EPS $2.17-$2.42 (down ~33-25% constant currency).","Accelerating profit recovery plan; targeting $800M-$1B incremental operating profit for FY2025/2026.","Cybersecurity incident diluted Q1 EPS by $0.08; potential Israel/Middle East disruption adds $0.22 risk to FY2024 EPS."],"urls":{"canonical":"https://secwatch.observer/filing/0001001250-23-000175","json":"https://secwatch.observer/filing/0001001250-23-000175.json","markdown":"https://secwatch.observer/filing/0001001250-23-000175.md","text":"https://secwatch.observer/filing/0001001250-23-000175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001250/000100125023000175/0001001250-23-000175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001250/000100125023000175/el-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:41:36.783886+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":"f501a3611bb7e19ee528079d391cc0941877dc6f","claim":"ESTEE LAUDER COMPANIES INC reported first quarter ended September 30, 2023 results: revenue $3.52 billion, net income $31 million, EPS $.09. Guidance lowered.","evidence_excerpt":"The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $3.52 billion for its first quarter ended September 30, 2023, a decline of 10% from $3.93 billion in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001250/000100125023000175/0001001250-23-000175-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended September 30, 2023"},{"label":"Revenue","value":"$3.52 billion"},{"label":"Net income","value":"$31 million"},{"label":"EPS","value":"$.09"},{"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"}