earnings
confidence high
sentiment negative
materiality 0.90
Estée Lauder Q2 adjusted EPS down 29%; expands restructuring to 7,000 job cuts
ESTEE LAUDER COMPANIES INC
2025-Q2 EPS
reported -$2.07
vs consensus $0.09
▼ miss
(-2410.3%)
- Net sales $4.0B, -6% YoY; GAAP diluted EPS loss $1.64 vs income $0.87, adjusted EPS $0.62 (-29%).
- Goodwill/intangibles impairments of $861M (Tom Ford, Too Faced) drove $580M operating loss.
- Restructuring program expanded: now 5,800-7,000 job eliminations (was 1,800-3,000); total charges $1.2B-$1.6B.
- Q3 FY25 outlook: organic net sales -10% to -8%; adjusted EPS $0.20-$0.30 (vs $0.97 prior year).
- Quarterly dividend maintained at $0.35 per share; payable March 17.