The Estée Lauder Companies Inc. provided earnings guidance for the year 2022. For the year, the company expects reported net sales are forecasted to increase between 7% and 9% versus the prior year period. Organic net sales, which excludes returns associated with restructuring and other activities; non-comparable impacts from acquisitions, divestitures and brand closures; as well as the impact from currency, are forecasted to increase between 5% and 7%.

Reported diluted net earnings per common share are projected to be between $6.54 and $6.70. Excluding restructuring and other charges and adjustments, diluted net earnings per common share are projected to be between $7.05 and $7.15.