Estée Lauder sets fiscal 2030 growth, margin and tax targets

The Estée Lauder Companies announced its fiscal 2030 ambition, aiming for sustainable mid‑single‑digit organic net‑sales growth each year, double‑digit adjusted EPS growth and an adjusted operating margin of 16.5%‑18.5%. CEO Stéphane de La Faverie said the plan builds on the Beauty Reimagined strategy, the One ELC operating model and the Profit Recovery and Growth Plan. The company also targets an adjusted effective tax rate of 30% or lower and expects free‑cash‑flow improvement.

The company’s guidance sets a clear profitability benchmark that investors will track as margin expansion and cash‑flow generation unfold. The tax‑rate target and restructuring‑charge outlook provide insight into future earnings quality.

  • 1Adjusted operating margin target of 16.5%‑18.5% for fiscal 2030
  • 2Mid‑single‑digit organic net‑sales growth annually through fiscal 2030
  • 3Double‑digit adjusted diluted EPS growth through fiscal 2030
  • 4Adjusted effective tax rate goal of 30% or below by fiscal 2030
  • 5Restructuring and other charges expected at $40 million‑$50 million before taxes in fiscal 2028
  • 6China generated approximately $3.1 billion in net sales in the most recent fiscal year, about 20% of total revenue

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