Estée Lauder FY26 net earnings turn to profit at $182 million; net sales rise 5% to $15.05 billion

• The Estée Lauder Companies posted net earnings attributable to shareholders of USD 182 million, swinging from a loss a year earlier.
• Operating income turned positive at USD 780 million; operating margin widened 10.7 percentage points to 5.2%.
• Net sales rose 5% to USD 15.05 billion, helped by USD 7.34 billion in skin care and USD 2.78 billion in fragrance.
• Restructuring and other charges increased to USD 813 million; an USD 84 million securities class action litigation settlement was recorded.
• The company expects the restructuring program to cut about 10,000 positions and deliver about USD 1.2 billion in annual gross benefits.

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