Estée Lauder Posts Gains in All Categories

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By: TOM BRANNA

Editor

Color cosmetics are still top sellers for The Estée Lader Companies. It posted net sales growth in nearly all product categories, geographic regions and channels for its second quarter ended Dec. 31, 2018. In fact, the company’s quarterly net sales exceeded $4 billion for the first time. Net sales rose 7% to $4.01 billion and operating income rose 9% to $771 million. Net earnings nearly quadrupled, to $573 million compared to $123 million last year. President and CEO Fabrizio Freda noted t...

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