Estée Lauder(US:EL) Cai Jing Wang·2025-08-21 06:40Group 1 - The core point of the article is that Estée Lauder Companies reported a decline in organic net sales and an operating loss for the fiscal year 2025, but remains optimistic about future growth and profitability [1] - For the fiscal year 2025, organic net sales decreased by 8% to $14.326 billion, with an operating loss of $785 million primarily due to goodwill and intangible asset impairment and increased restructuring costs [1] - The company expects organic net sales to stabilize or grow by 3% in fiscal year 2026, with an anticipated increase in operating margin by 150 basis points, leading to an adjusted operating margin of approximately 11.0%–11.5% [1] Group 2 - In mainland China, increased consumer-facing investments led to a high single-digit increase in retail sales during the third and fourth fiscal quarters, contributing to market share growth across all categories [1] - The launch of new products, such as La Mer's balancing essence water for oily skin, has driven double-digit organic sales growth for the brand in mainland China for two consecutive fiscal quarters [2] - The board of Estée Lauder has nominated Annabelle Yu Long and Dana Strong as candidates for the board, with elections scheduled for the annual shareholders' meeting on November 13, 2025 [2][4]