The Estee Lauder Companies Inc. (NYSE: EL) reported its fourth quarter 2024 earnings results today.
Net sales increased 7% year-over-year to $3.87 billion. Organic sales increased 8%.
Net loss attributable to The Estee Lauder Companies Inc. was $284 million, or $0.79 per share, compared to a loss of $33 million, or $0.09 per share, last year. Adjusted EPS was $0.64.
For the first quarter of 2025, reported and organic net sales are expected to decrease 3-5% YoY. Adjusted EPS is expected to range between $0.01-0.09 on a constant currency basis.
For fiscal year 2025, reported and organic net sales are projected to be down 1% to up 2% versus the prior year. Adjusted EPS is expected to range between $2.78-2.98 on a constant currency basis.
The post Key highlights from Estee Lauder’s (EL) Q4 2024 earnings results first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
