Estee Lauder: EPS übertrifft Schätzungen um 0,05 $ - Umsatz schlechter als erwartet from

Estee Lauder: Earnings per Share Exceeds Estimates, Revenue Falls Short

Key Takeaways

* Estee Lauder Companies, a leading global manufacturer and marketer of skincare, makeup, fragrance, and haircare products, reported fiscal second-quarter earnings per share of $1.59, exceeding analysts' estimates by $0.05. * However, the company's revenue of $4.64 billion missed expectations of $4.66 billion, reflecting a 4% decline compared to the same period last year. * The company attributed the revenue shortfall to supply chain disruptions, foreign currency headwinds, and reduced consumer spending in certain regions.

Financial Performance

* Net sales in the Americas declined by 3% to $2.2 billion, primarily due to lower sales in the United States and Canada. * In Europe, the Middle East, and Africa (EMEA), net sales decreased by 7% to $1.5 billion, driven by lower sales in travel retail and certain markets. * Asia Pacific net sales increased by 1% to $884 million, primarily due to growth in China and Southeast Asia. * Gross profit margin decreased by 1.5 percentage points to 81.2%, reflecting higher input costs and unfavorable foreign currency exchange rates.

Outlook

* Estee Lauder maintained its fiscal year 2023 guidance, forecasting sales growth of 5% to 7% and earnings per share growth in the mid-single digits. * The company expects supply chain disruptions and inflation to persist but anticipates these challenges to be offset by continued demand for its products and cost-control measures. * Estee Lauder also announced plans to invest in digital marketing, product innovation, and sustainable initiatives to drive future growth.