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Estee Lauder sets 2030 growth, margin targets as turnaround advances

By Thomson Reuters Nov 3, 2026 | 11:24 PM

Nov 4 (Reuters) – Estee Lauder said on Wednesday it aims to lift its adjusted operating margin by as much ​as 5.6 percentage points over the ‌next three years, as the cosmetics maker builds on progress in its turnaround.

The company is targeting an adjusted operating margin of 16.5% to 18.5% ‌in ​fiscal 2030, compared with its ⁠fiscal 2027 guidance ⁠of 12.9% to 13.8%.

The targets come days after Estee Lauder raised its fiscal 2027 sales and profit forecasts, citing strong demand ​for premium fragrances and skincare products.

“We are now entering a new chapter, moving ⁠beyond restoring growth to ⁠accelerating sustainable, profitable growth and ​creating long-term value,” its CEO Stephane de La ​Faverie said in a statement as the ‌company held a capital markets event in Shanghai.

“Our fiscal 2027 outlook reflects this momentum, with accelerating organic sales growth and another ⁠year of significant profitability improvement,” de La Faverie said.

Mainland China is a bright spot in Estee ⁠Lauder’s turnaround ‌efforts. The company said it ⁠expects strong organic sales growth ​from ‌new and existing products following increased ​consumer-facing investment.

Estee ⁠Lauder also said it aims to deliver mid-single-digit organic sales growth annually and double-digit adjusted earnings per share growth through fiscal 2030.

(Reporting by Disha Mishra in Bengaluru; Editing by ​Miyoung Kim)