Estée Lauder Companies announced robust second-quarter results for its 2026 fiscal year, with net sales rising 6% to $4.23 billion and a swing to net profit of $162 million. A key driver was outstanding performance in Mainland China, which saw organic sales surge 13% for the second straight quarter. Growth was led by skincare and fragrance categories, with brands like La Mer and Tom Ford gaining market share across all channels. Profitability improved significantly, with adjusted operating margin expanding sharply due to cost efficiency initiatives. Based on this strength, Estée Lauder raised its full-year outlook, now expecting organic sales growth and its first annual operating margin expansion in four years.

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