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Estée Lauder CEO praises travel retail, online sales as Q1 net sales grow 6%

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Estée Lauder CEO praises travel retail, online sales as Q1 net sales grow 6%

The Estée Lauder Companies Inc. reported increases in online sales in Asia and in its travel retail business during the company’s fiscal first quarter ended Sept. 30.

The Health & Beauty brand raised its outlook for fiscal 2027, citing improved profitability in Q1 as net sales grew 6.7% year over year to $3.7 billion.

Estée Lauder is No. 42 in the Top 1000 Database. The market research tool tracks North America’s largest online retailers, ranking them by annual ecommerce sales and more.

Estée Lauder is also No. 310 in Digital Commerce 360 and ReFiBuy’s AI Commerce Rankings. That set of rankings is available in the Top 1000 Pro with AI Database.

“The energy and determination of our teams, combined with the strength of our brands and the progress of our transformation, give me greater confidence than ever in the opportunities that lie ahead,” said Stéphane de La Faverie, president and CEO at Estée Lauder. “We are raising our fiscal 2027 outlook, reflecting both our strong start and our conviction in the future we are creating.”

The company now expects to see organic net sales growth of 4.0% to 5.5% instead of its previously forecast 3% to 5% in its full 2027 fiscal year.

In its earnings release, Estée Lauder credited what it characterized as “strong performance in the fiscal 2027 first quarter,” even as it stayed “cautious amid ongoing geopolitical and macroeconomic uncertainty.”

Highlights for the quarter included expanded availability through online channels, as well as successes in Asia and travel retail.


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