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Reports increase in net sales.
October 31, 2019
By: Happi Staff
The Estée Lauder Companies Inc. has reported the financial results for its first quarter ended September 30, 2019. Net sales of $3.90 billion increased 11 percent from $3.52 billion in the prior-year period. Net earnings rose 19 percent to $595 million, compared with $500 million last year. Fabrizio Freda, president and CEO said, “Our sales growth was led by excellent results from our international markets, particularly in China and our other emerging markets, the skin care category, the trave...
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