The Estée Lauder Companies (EL) Revenue — Quarter Ended Jun 30, 2024
Revenue decreased from the prior quarter but increased compared with the same quarter last year. The sequentially lower revenue marks a reversal from the sequential growth seen in the preceding quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q4
Revenue decreased from the prior quarter but increased compared with the same quarter last year. The sequentially lower revenue marks a reversal from the sequential growth seen in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-1.8%
Change from the immediately preceding quarter.
Year-over-year
+7.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $3.5B | -10.5% |
| Dec 31, 2023 | $4.3B | -7.4% |
| Mar 31, 2024 | $3.9B | +5.0% |
| Jun 30, 2024 | $3.9B | +7.3% |
Revenue performance
Reported revenue was lower than the immediately preceding quarter, breaking a pattern of prior sequential improvement.
Quarterly comparison
Revenue was above the same quarter one year earlier, while trailing twelve-month revenue remained at the same level as the current quarter.
What to watch
Monitor whether the quarter-over-quarter decline signals a new downtrend or a temporary pause in growth.