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.
Revenue and earnings beat estimates.
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 stock turned red during morning trade on Monday.