A closer look at one disclosure change

EL · 2026 vs 2025 · Filed 2026-08-19

Estee Lauder Companies Inc.

Disputes and other legal or regulatory proceedings could adversely affect our business.

We are, and may in the future become, party to litigation, other disputes or regulatory proceedings across a wide range of matters, including ones relating to product liability matters (including asbestos-related claims), advertising, regulatory, labor and employment, pensions and benefits, intellectual property, real estate, environmental, trade relations (including tariffs and duties), securities, tax and privacy.

This excerpt appears in the current extracted section and is absent from the prior extraction. This is a text comparison, not a judgment about investment risk.

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