The Estée Lauder Companies Inc. (EL) CEO Fabrizio Freda on Q4 2021 Results - Earnings Call Transcript

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The Estée Lauder Companies Inc. (NYSE:EL) Q4 2021 Results Conference Call August 19, 2021 9:30 AM ET

Company Participants

Fabrizio Freda – President and Chief Executive Officer

Rainey Mancini – Senior Vice President of Investor Relations

Tracey Travis – Executive Vice President and CFO

Conference Call Participants

Dara Mohsenian – Morgan Stanley

Olivia Tong – Raymond James

Lauren Lieberman – Barclays

Robert Ottenstein – Evercore

Steve Powers – Deutsche Bank

Grace Ong – Jefferies

Mark Astrachan – Stifel

Erinn Murphy – Piper Sandler

Chris Carey – Wells Fargo


Good day, everyone, and welcome to the Estee Lauder Company's Fiscal 2021 Fourth Quarter and Full Year Conference Call. Today's call is being recorded and webcast. For opening remarks and introductions, I would like to turn the call over to Senior Vice President of Investor Relations, Ms. Rainey Mancini.

Rainey Mancini

Hello. On today's call are Fabrizio Freda, President and Chief Executive Officer and Tracey Travis, Executive Vice President and Chief Financial Officer. Since many of our remarks today contain forward-looking statements, let me refer you to our press release and our reports filed with the SEC, where you'll find factors that could cause actual results to differ materially from these forward-looking statements.

To facilitate the discussion of our underlying business, the commentary on our Financial results and expectations as before restructuring and other charges and adjustments disclosed in our press release. Unless otherwise stated, our net sales growth numbers are in constant currency and all our organic results excluding the impact of acquisitions, divestitures, brand closures and the impact of currency translation.

You can find reconciliations between GAAP and non-GAAP measures in our press release and on the investors section of our website. As a reminder, references to online Sales includes Sales we make directly to our consumer to our sites

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