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Company posts growth in nearly all product categories, geographic regions and channels.
February 5, 2019
By: Melissa Meisel
The Estée Lauder Companies 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 soared 7% to $4.01 billion. Total reported operating income rose 9% to $771 million. Net earnings rose to $573 million compared with $123 million last year. President and Chief Executive Officer Fabrizio Freda said, “We delivered an excel...
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