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Estee Lauder earnings
Earnings
A year into turnaround plan, the Estée Lauder Companies finds steady growth
By Emily Jensen
Feb 5, 2026

A year after declining sales led the Estée Lauder Companies to launch its "Beauty Reimagined" turnaround plan, the beauty conglomerate has found a return to growth. The company posted a 6% increase in net sales for the second quarter of fiscal year 2026, to $4.2 billion, with gains in skin care and fragrance despite a soft makeup category.

Member Exclusive
Beauty Briefing: ‘The fragrance consumer is experimental as ever’: Why Snif is going ‘even weirder’ with its latest Ulta launch

This week, I checked in on fragrance brand Snif’s launch of pizza- and Swedish-candy-inspired scents at Ulta. Additionally, Supergoop CEO Melis del Rey makes her first C-suite hire, and Live Tinted receives new investment. 

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