Reuters logo
Estee Lauder's sales rise 7.5 pct on demand for makeup
May 3, 2017 / 10:54 AM / in 7 months

Estee Lauder's sales rise 7.5 pct on demand for makeup

May 3 (Reuters) - Cosmetics maker Estee Lauder Cos Inc reported a 7.5 percent jump in quarterly sales, helped by strong demand for its makeup brands, including Tom Ford, Smashbox and La Mer.

Net sales rose to $2.86 billion in the third quarter ended March 31, from $2.66 billion a year earlier.

Net earnings attributable to Estee Lauder increased to $298 million, or 80 cents per share, from $265 million, or 71 cents per share, a year earlier.

Reporting by Jessica Kuruthukulangara and Richa Naidu in Bengaluru; Editing by Supriya Kurane

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below