Estée Lauder raises outlook as fragrance sales climb 20%

• The Estée Lauder Companies: Fragrance sales grew 20% in the first quarter of fiscal 2027, driven particularly by Le Labo, Tom Ford, Jo Malone London and Kilian Paris, while overall net sales rose 7%.^[1] The group raised its full-year outlook and is targeting an adjusted operating margin of 16.5%–18.5% by fiscal 2030, compared with its projected 12.9%–13.8% for fiscal 2027.^[1]

For perfume buyers: This update doesn't currently point to a confirmed change in the fragrances you can buy.