Estée Lauder Raises FY2027 Outlook After First-Quarter Results
Photo: TokenPost
The Estée Lauder Companies Inc. raised its full-year fiscal 2027 outlook after first-quarter revenue rose 6.9% year over year to $3.72 billion and non-GAAP earnings per share reached 72 cents. Revenue was $70 million above estimates. The adjusted effective tax rate declined to 31.9% from 40.5%. The results follow TokenPost’s preview of the first-quarter report . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
