The Estée Lauder Companies Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2022
August 18, 2022 at 11:45 am
Share
The Estée Lauder Companies Inc. reported earnings results for the fourth quarter and full year ended June 30, 2022. For the fourth quarter, the company reported sales was USD 3,561 million compared to USD 3,936 million a year ago. Net income was USD 52 million compared to USD 1,018 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 2.81 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 2.76 a year ago.
For the full year, sales was USD 17,737 million compared to USD 16,215 million a year ago. Net income was USD 2,390 million compared to USD 2,870 million a year ago.
The Estée Lauder Companies Inc. is one of the 1st world cosmetics groups. Products are sold under brands (Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, Smashbox, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr. Jart+, DECIEM and The Ordinary) and under brands of licenses (Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors, Tom Ford, Dr. Andrew Weil, Ermenegildo Zegna and AERIN). Net sales break down by family of products as follows:
- skin care products (58.4%);
- make-up products (25.9%);
- perfumes (11.9%);
- hair care products (3.5%);
- other (0.3%).
At the end of June 2021, products are marketed through about 1,600 outlets worldwide, distributed between large stores, perfume shops, pharmacies, beauty institutes and exclusive shops, and via Internet.
The group has 10 production sites worldwide.
Net sales are distributed geographically as follows: Americas (23.4%), Europe/Middle East/Africa (42.8%) and Asia/Pacific (33.8%).
ESTEE LAUDER 
