The Estée Lauder Cos. Unpackages Three Brands for Sale, According to Sources

Group 1 - Estée Lauder Cos. is no longer marketing Too Faced, Smashbox, and Dr. Jart as a package, instead offering them separately [1] - CEO Stéphane de La Faverie is assessing the group's portfolio as part of a new strategy to improve the company's performance [2] - The company has not publicly confirmed which brands are up for sale, but sources indicate that the three mentioned brands are included [2] Group 2 - For the second quarter ended December 31, the company's net sales increased by 6 percent to $4.2 billion, slightly above Wall Street estimates, with organic net sales rising by 4 percent [3] - Adjusted diluted net earnings per common share rose to 89 cents, a 43 percent increase compared to 62 cents a year earlier [3] - The company raised the lower end of its full-year net sales forecast to a range of 1 percent to 3 percent, up from a previous outlook of flat to 3 percent [3] Group 3 - Despite the positive sales growth, the stock price fell by almost 20 percent to $96.66 due to concerns over full-year adjusted earnings forecasts being below some Wall Street estimates [4] - Investors are also worried about tariff-related headwinds, which are expected to impact fiscal 2026 profitability by approximately $100 million, primarily in the second half [4] - On the following Thursday, the stock closed up almost 1 percent to $106.42 [4]