---
schema_version: "secwatch.filing_event.v1"
accession: "0001001250-24-000174"
form_type: "8-K"
ticker: "EL"
cik: "0001001250"
company_name: "ESTEE LAUDER COMPANIES INC"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:12:58.485980+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Estée Lauder Q1 net loss $156M; cuts dividend to $0.35; withdraws FY2025 outlook

## Summary
- 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.

## SEC filing metadata
- accession: 0001001250-24-000174
- form_type: 8-K
- ticker: EL
- cik: 0001001250
- company_name: ESTEE LAUDER COMPANIES INC
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001250/000100125024000174/0001001250-24-000174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001250/000100125024000174/el-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001001250-24-000174
- JSON: https://secwatch.observer/filing/0001001250-24-000174.json
- Plain text: https://secwatch.observer/filing/0001001250-24-000174.txt

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