The Estee Lauder Companies narrowed its fiscal fourth-quarter loss as sales rose, as the company's turnaround continued to pick up steam.

The owner of beauty brands such as MAC, Smashbox and Jo Malone on Wednesday posted a loss of $116 million, or 32 cents a share, for its three months ended June 30. That compares with a loss of $546 million, or $1.51 a share, a year earlier.

Stripping out one-time items, earnings were 39 cents a share. Analysts polled by FactSet expected adjusted earnings of 32 cents a share.

Net sales climbed 6.3% to $3.63 billion and topped Wall Street estimates for $3.55 billion.

Skin care sales rose 8.7% to $1.85 billion, while fragrance sales jumped 10% to $618 million. Makeup sales ticked up 2.9% to $1.01 billion. The increases were partially offset by hair care sales, which ebbed 0.7% to $140 million.

Chief Executive Stephane de La Faverie said Estee Lauder's turnaround is bearing fruit, with another quarter of sales growth and stronger profitability.

The company reported total gross benefits of $1.2 billion under its profit recovery and growth plan, hitting the high-end of its previously disclosed range.

The benefits stem in part from the total net reduction of 10,000 positions, also at the high-end of the company's previously communicated range. Estee Lauder said the cuts will enable a 50% increase in productivity across corporate-function employees. The cuts also contributed to total cumulative charges slightly above the high-end of the previously guided range of $1.5 billion to $1.7 billion.

Shares rose 6.6%, to $89.79, in premarket trading.

Looking ahead, Estee Lauder continued to guide for organic net sales growth of 3% to 5% in the coming year, reflecting continued growth in fragrance and skin care, as well as a return to growth in makeup.

Adjusted operating margin is now expected to come in between 12.7% and 13.5%, compared with a preliminary outlook of 12.5% to 13%.