Estée Lauder fiscal 2025 sales fall 8% to $14 billion
Estée Lauder reported fiscal 2025 results with net sales falling 8% to $14.32 billion and net losses widening to $785 million. Q4 sales dropped 12% to $3.41 billion with a quarterly loss of $390 million. By region, EMEA sales fell 12%, Asia-Pacific dropped 7%, and Americas declined 4%. Mainland China posted a mid-single-digit decline, but showed recovery signs in H2, with Q4 recording market share growth. La Mer and Tom Ford drove the rebound. The company plans to cut 5,800-7,000 jobs globally.