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All segments see rise in Q1 sales.
November 2, 2015
By: Melissa Meisel
The Estée Lauder Companies Inc. reported strong financial results for its first quarter ended Sept. 30, 2015. Net sales rose 8% to $2.83 billion. Net earnings increased 36% to $309.3 million. In leading categories, skin care net sales rose 2% to $1.1 billion, while makeup sales climbed 14% to $1.2 billion. Fragrance rose 9% to $412.9 million and hair care increased 5% to $134.3 million. Skin care net sales increased due to the favorable comparison related to the accelerated orders. Contribut...
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