EL

Over the past six months, EL's stock price increased by 4.49% over the last 12 months but decreased by 8.68% in the past month as of October 3, 2026. A significant positive event was the reported beat in its fiscal Q4 2026 earnings (ending June 30, 2026), released on August 19, 2026. The company exceeded analyst estimates for both adjusted EPS and revenue, marking its fourth consecutive quarter of beating expectations with accelerating organic net sales growth of 5%. This strong performance and an optimistic outlook for fiscal year 2027 led to analyst upgrades and raised price targets. Conversely, in fiscal 2024, the company faced "unusually difficult conditions in Asia travel retail" due to inventory and demand normalization post-pandemic. This slowdown, particularly in Asia, contributed to a nearly 50% decline in the stock price in 2024 and resulted in restructuring efforts, including job cuts of up to 7,000 positions.