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

1. 01

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

2. 02

   The company expects to record cumulative restructuring and other charges of approximately $1,137 million (before tax) in connection with initiatives approved since inception of the Restructuring Program through November 29, 2025. It said that other than non-cash charges, future cash expenditures are expected to be funded from cash provided by operations.

3. 03

   The company disclosed that newly approved charges from October 27, 2025 through November 29 totaled $285 million, comprising Cost of Sales of $98 million and Operating Expenses of $187 million. Cumulative approved charges through October 26, 2025 were $852 million.

4. 04

   The company approved an Enterprise Business Services initiative subsequent to October 26, 2025, which includes consolidation of service providers and expansion of outsourced services. Of restructuring charges of $98 million approved during the same period, Employee-Related Costs were $75 million and Contract Terminations were $22 million.

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