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Beauty giant says Q2 sales grew in every region and product category, reflecting early stages of recovery in brick-and-mortar retail in western markets.
February 3, 2022
By: Christine Esposito
Editor-in-Chief
The Estée Lauder Companies Inc. said net sales for its second quarter ended December 31, 2021 rose 14% from $4.85 billion in the prior-year period to $5.54 billion. Net sales grew in every region and product category, reflecting early stages of recovery in brick-and-mortar retail stores, primarily in western markets, and strength in online, the company said. These results reflected robust consumer response to holiday offerings and during key shopping moments, according to ELC. Organic net sales ...
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