Estée Lauder Companies Report Favorable Q2

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By: TOM BRANNA

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For the second quarter ended Dec. 31, 2017, the Estée Lauder Companies Inc.’s net sales rose 17% to $3.74 billion. Incremental sales from the company’s acquisitions of Too Faced and Becca contributed approximately two percentage points of the reported sales growth. “In our second quarter we continued our strong momentum and generated stellar results. In constant currency, our sales grew 14%, led by exceptional strength in travel retail, global online and Asia, along with strong double-digit g...

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