Company Summary
New York-based The Estee Lauder Companies Inc. is one of the world's leading manufacturers and marketers of skin care, makeup, fragrance and hair care products. The company’s products are sold through department stores, mass retailers, company-owned retail stores, hair salons and travel-related establishments.
The Estee Lauder Companies' manufacturing and research facilities are spread across the U.S., Canada, Belgium, Switzerland, Japan, South Africa and the U.K.
The company reports operating results in terms of product categories and geographic regions.
In terms of product categories, The Estee Lauder Companies' primary segments include:
Skin Care division (51.5% of fiscal 2023 sales): This segment sells skin care products for men and women. The products consist of moisturizers, creams, lotions, cleansers, sunscreens and self-tanning products.
Makeup division (28.3% of fiscal 2023 sales): This segment manufactures, markets and sells makeup products. Products include lipsticks, mascaras, foundations, eye shadows, nail polishes, powders and related items, such as compacts, brushes and other makeup tools.
Fragrances division (15.7% of fiscal 2023 sales): This segment sells fragrance products for men and women. Its products include eau de perfume, sprays and colognes, as well as lotions, powders, creams and soaps that are based on a particular fragrance.
Hair care division (4.1% of fiscal 2023 sales): This segment includes hair color and styling products, shampoos, conditioners, and finishing sprays.
Other division: This segment sells ancillary products and services.
Region-wise, the company reports under Americas (28.3% of fiscal 2023 sales); Europe, the Middle East & Africa (39.1% of fiscal 2023 sales); and Asia-Pacific (32.6% of fiscal 2023 sales).
(Note: Zacks identifies fiscal years by the month in which the fiscal year ends, while EL identifies their fiscal year by the calendar year in which it begins; so comparable figures for any given fiscal year, as published by EL, will refer to this same fiscal year as being the year before the same year, as identified by Zacks)