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Estée Lauder Reports Q3 Revenues

Too Faced and Becca contribute to 8% increase.

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By: Christine Esposito

Editor-in-Chief

The Estée Lauder Companies Inc. today reported net sales of $2.86 billion for its third quarter ended March 31, 2017, an 8% increase compared with $2.66 billion in the prior-year quarter. Incremental sales from the company’s recent acquisitions of Too Faced and Becca contributed approximately half the reported sales growth.   Excluding the impact of foreign currency translation, net sales increased 9%.    “We delivered an excellent third quarter performance. Sales accelerated across every ge...

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