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Full Year Net Sales Increase 9% for The Estée Lauder Companies

"Americas and Europe, Middle East, Africa prospered, fragrance soared, and makeup realized the promise of its emerging renaissance," said CEO Fabrizio Freda.

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By: Lianna Albrizio

Associate Editor

The Estée Lauder Companies Inc. is on a roll.    The company today reported that revenue is $17.74 billion for its fiscal year ended June 30, an increase of 9% from $16.22 billion in the prior-year period.    Organic net sales increased 8% driven by double-digit growth in The Americas and Europe, the Middle East & Africa (“EMEA”) regions, largely reflecting a recovery in brick-and-mortar retail stores, as well as double-digit growth in global online and growth in travel reta...

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