Company News, Financial News

Q3 Sales Rise 1% at Estée Lauder

Emerging markets, UK are strong this season.

The Estée Lauder Companies Inc. reported net sales for its third quarter ended March 31, 2015 rose 1% to $2.58 billion.   President and Chief Executive Officer Fabrizio Freda said, “We posted an excellent third-quarter performance, exceeding our constant currency sales forecast that, combined with disciplined expense management, we leveraged into sharply higher earnings per share. Compelling product innovations, targeted advertising and marketing investments and selective distribution expansion ...

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