Financial News

Annual Sales Rise 8% At Estée Lauder Companies

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By: TOM BRANNA

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It was another strong year for Estée Lauder Companies. For the fiscal year ended June 30, 2014, net sales rose 8% to a record $10.97 billion, according to the global beauty giant. “Fiscal 2014 was another outstanding year for our company. We achieved record results across many metrics, including sales, operating margin, earnings per share and operating cash flow,” noted Fabrizio Freda, president and CEO. “Our topline growth was nearly double that of prestige beauty and was broad-based across ...

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