The Estée Lauder Companies said restructuring and other charges in connection with the expanded Restructuring Program are expected to total between $1,200 million and $1,600 million (before tax).

1. 01

   The Estée Lauder Companies said restructuring and other charges in connection with the expanded Restructuring Program are expected to total between $1,200 million and $1,600 million (before tax).

2. 02

   The company said that once the relevant accounting criteria have been met, it expects to record cumulative restructuring and other charges of approximately $747 million (before tax) in connection with initiatives approved since inception of the Restructuring Program through July 30, 2025.

3. 03

   The company disclosed that charges approved in the period from April 25, 2025 through July 30 totaled $124 million, of which restructuring charges were $95 million, including Employee-Related Costs of $90 million.

4. 04

   The Estée Lauder Companies said that subsequent to April 24, 2025, it approved initiatives under Value Chain Optimization, Enabling Function Re-Invention and Future of Brand-led Model, which will primarily result in employee severance through a net reduction in workforce.

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