Akhil Shrivastava

Executive Vice President and Chief Financial Officer, Estée Lauder Companies (The)

Search every verified Akhil Shrivastava interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Akhil Shrivastava, Executive Vice President and Chief Financial Officer of The Estée Lauder Companies, participated in the company’s fiscal 2025 fourth quarter earnings call on August 19, 2025. During the call, he discussed inventory reductions across major markets, including travel retail, China, and the United States, noting that the company had brought inventory to desired levels in the first two markets while remaining watchful in North America due to the retail environment. He stated that the gap between net sales and retail sales is expected to narrow, with net sales tracking retail more closely in the future, and provided quarterly guidance that anticipates challenges in North America in the first quarter. Shrivastava also addressed tariff-related headwinds, stating that based on current knowledge and planned mitigation strategies, these are expected to impact profitability by approximately $100 million, with additional strategies under evaluation, including more profit recovery and growth initiatives and potential pricing actions. He emphasized the company’s focus on driving sustainable sales growth in fiscal 2026 and beyond, as well as achieving a solid double-digit adjusted operating margin over the next few years. He mentioned strategic price reductions on some historical products to reignite growth, while noting the company still has pricing power and is increasing prices in other areas.