Estée Lauder amends 8-K to detail expanded PRGP restructuring charges totaling $1.75 billion before tax

Estee Lauder Companies Inc. Class A

Estee Lauder Companies Inc. Class A

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  • Estée Lauder filed a Form 8-K/A (Amendment No. 7) to update prior disclosures on its Profit Recovery and Growth Plan restructuring program.
  • Restructuring initiatives were finalized by June 30, 2026, with cumulative approved restructuring and other charges expected at about $1.75 billion before tax.
  • Newly detailed actions since May 28, 2026 targeted selling-model reorganization, direct-to-consumer digital infrastructure modernization, corporate function rightsizing, and an office lease exit.
  • Charges approved May 29 to June 30, 2026 totaled $197 million, including $165 million of restructuring charges.
  • By cost type, total restructuring charges through June 30, 2026 included $1.04 billion employee-related costs, $196 million asset-related costs, and $44 million other exit costs.


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