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Estée Lauder raises fiscal 2027 outlook after fragrance-led sales surge

Estée Lauder delivered a sharp rebound in fiscal 2027’s first quarter, with sales, margins and earnings all improving materially. The beauty group has lifted its full-year outlook, although quarterly free cash flow remained negative and the plan still depends on sustained momentum in China, travel retail and fragrance.
Victor Sage
3 Nov 2026