The company said net sales for the 3-month period ended March 31 in fiscal 2025 fell 10% year over year to $3,550 million from $3,940 million, and adjusted operating income declined 27% to $403 million. Quarter: Q3.

1. 01

   The company said net sales for the 3-month period ended March 31 in fiscal 2025 fell 10% year over year to $3,550 million from $3,940 million, and adjusted operating income declined 27% to $403 million. Quarter: Q3.

2. 02

   Estée Lauder said gross margin for Q3 expanded 310 basis points to 75.0%, despite lower net sales. The company cited net benefits from its Profit Recovery and Growth Plan ("PRGP") as the main driver.

3. 03

   The company said net cash flows provided by operating activities for the 9 months ended March 31, 2025 decreased to $671 million from $1,471 million in the prior-year period. Capital expenditures were $395 million, and dividend payments were $492 million.

4. 04

   The company said it expanded the pre-tax cost of its PRGP restructuring program to $1.2 billion to $1.6 billion. Its fiscal 2025 full-year outlook calls for a net sales change of (9%) to (8%) and adjusted EPS of $1.30 to $1.55.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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