Company News, Financial News

Sales Rise 3% at Estee Lauder

Skin care and makeup innovations lead in North America and Europe.

The Estée Lauder Companies Inc. posted net sales for its second quarter ended Dec. 31, 2013 rose 3% to $3.02 billion.   Skin care net sales were approximately $48 million; makeup,  $32 million; fragrance, $10 million; and hair care, approximately $4 million. By region, net sales in the Americas were $29 million; Europe, the Middle East & Africa, approximately $15 million; and Asia/Pacific, approximately $50 million.   Fabrizio Freda, president and CEO, said, “Our fiscal second qua...

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