The Estée Lauder Companies Inc. (NYSE: EL) reported its second quarter 2026 earnings results today.
Net sales increased 6% year-over-year to $4.22 billion. Organic sales grew 4%.
GAAP net earnings were $162 million, or $0.44 per share, compared to net loss of $590 million, or $1.64 per share, last year. Adjusted EPS grew 43% to $0.89.
Estee Lauder recorded sales growth across all its product categories and regions. Fragrance recorded the highest sales growth of 9% followed by Skin Care at 7% and Hair Care at 6%. Makeup rose 1% while Other grew 3%.
By geography, Mainland China saw the highest growth at 13% followed by EUKEM at 9%. The Americas and Asia/Pacific both inched up 1%.
For fiscal year 2026, the company expects net sales growth of 3-5% and organic sales growth of 1-3%. GAAP EPS is expected to be $0.98-1.22 while adjusted EPS is expected to be $2.05-2.25.