earnings
confidence high
sentiment negative
materiality 0.85
Estée Lauder Q1 net loss $156M; cuts dividend to $0.35; withdraws FY2025 outlook
ESTEE LAUDER COMPANIES INC
2025-Q1 EPS reported
-$0.43
revenue$3,361,000,000
- Net sales $3.36B (-4% YoY); reported net loss $156M ($0.43 loss per share); adjusted EPS $0.14 (+33%).
- Talcum litigation settlements $159M in charges; restructuring charges $106M from Profit Recovery and Growth Plan.
- Withdraws FY2025 outlook citing China/Asia travel retail uncertainty and leadership transition; Q2 guide: sales -8% to -6%, adj EPS $0.20-$0.35.
- Reduces quarterly dividend to $0.35 from $0.66, payable Dec 16, 2024 to holders of record Nov 29.
- CEO succession: Stéphane de La Faverie to become President and CEO effective Jan 1, 2025, succeeding Fabrizio Freda.