{
  "id": 1934176,
  "title": "Estee Lauder forecasts strong annual profit on resilient fragrance demand",
  "url": "https://urgent.news/2026/08/19/estee-lauder-forecasts-strong-annual-profit-on-resilient-fragrance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T12:44:01.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/estee-lauder-forecasts-strong-annual-profit-resilient-fragrance-demand"
  },
  "original_language": "en",
  "account": "Estee Lauder is projecting an annual profit exceeding Wall Street's expectations, driven by the enduring demand for premium fragrances and robust performance in China, according to the company's latest forecast released on August 19. The company credits its CEO's strategic turnaround efforts for continued progress. Estee Lauder's shares saw a nearly 8% increase in premarket trading following an announcement of surpassing quarterly sales targets. The company attributes its success to the resilient spending habits of affluent and younger consumers, particularly on fashionable items. These factors have bolstered demand for the cosmetics giant's luxury fragrances and skincare lines such as Le Labo and Balmain Beauty.\n\nTo maintain this momentum, Estee Lauder has stepped up its premium product launches, improved its supply chain, and allocated more resources to innovation and marketing under the leadership of CEO Stephane de La Faverie's \"Beauty Reimagined\" strategy. Luxury fragrance brands Le Labo and Tom Ford contributed to a 10% growth in net sales during the fourth quarter. Le Labo's timeless collection, featuring 50 milliliter perfumes priced at $250, gained traction through expanded distribution channels and a targeted shopper base. The company also noted a $38 million cost of sales benefit from refunds received in the fourth quarter of fiscal 2026, which partially offset the full-year gross impact of $102 million in incremental tariffs, primarily recorded in cost of sales.\n\nThese refunds helped Estee Lauder mitigate disruptions caused by the Middle East conflict, which negatively impacted fiscal 2026 net earnings per share. The company anticipates its fiscal 2027 adjusted earnings per share to fall between $3.10 and $3.35, slightly above analysts' estimates of $3.18. Estee Lauder's fourth-quarter sales of $3.63 billion also outpaced the forecasted $3.54 billion.",
  "summary": "It’s betting on sustained demand for premium fragrances and strong performance in key market China",
  "key_points": [
    "Estee Lauder projects annual profit exceeding Wall Street expectations",
    "Resilient demand for premium fragrances and China performance drive growth",
    "CEO's strategic turnaround efforts credited for continued progress"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Quartz",
        "title": "Estée Lauder's stock pops as profit forecast beats expectations on fragrance demand",
        "url": "https://urgent.news/2026/08/19/estee-lauders-stock-pops-as-profit-forecast-beats-expectations-on",
        "published": "2026-08-19T12:50:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}