---
schema_version: "secwatch.filing_event.v1"
accession: "0001001250-24-000108"
form_type: "8-K/A"
ticker: "EL"
cik: "0001001250"
company_name: "ESTEE LAUDER COMPANIES INC"
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T17:44:35.828918+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Estée Lauder approves $137M in new restructuring charges; cumulative $233M

## Summary
- Approved ~$137M in new charges for Value Chain Optimization, Enabling Function Re-Invention, and brand exits.
- Cumulative restructuring charges through Jul 19 total $233M pretax ($133M restructuring, $100M other).
- Actions include workforce reduction, supply chain right-sizing, and exit from unprofitable brands/markets.
- Employee severance accounts for $116M of cumulative restructuring charges; asset write-offs $7M.
- Total restructuring program remains within $500M-$700M range; further disclosures to follow.

## SEC filing metadata
- accession: 0001001250-24-000108
- form_type: 8-K/A
- ticker: EL
- cik: 0001001250
- company_name: ESTEE LAUDER COMPANIES INC
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001250/000100125024000108/0001001250-24-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001250/000100125024000108/el-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001001250-24-000108
- JSON: https://secwatch.observer/filing/0001001250-24-000108.json
- Plain text: https://secwatch.observer/filing/0001001250-24-000108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.