Company Earnings Update 4 minutesRegister for Free AccessEstée Lauder (EL) 2Q17 Results: Mixed Quarter, Softer Outlook Due to Currency Effects Coresight Research February 3, 2017 Executive Summary Estée Lauder reported fiscal 2Q17 adjusted EPS of $1.22, flat year over year but beating the $1.17 consensus estimate. Net sales were $3.21 billion, up 2.7% year over year but slightly missing the $3.24 billion consensus estimate. Fragrance was the strongest product category, driven by double-digit growth from some luxury brands and from acquisitions. Asia was the strongest geography, driven by double-digit growth in China and the Philippines. The company provided full-year and 3Q17 guidance ranges that were below consensus estimates, due to the negative impact of exchange rates. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: 1Q24 US Retail Inventory Insights: Inventory Turnover Ratios Improve Amid Economic ResilienceThe 4-5-4 US Retail Calendar, 2025–26Weekly US and UK Store Openings and Closures Tracker 2024, Week 28: Big Lots To Close Stores; Hudson’s Bay Company Acquires Neiman MarcusShoptalk 2024 Day Four: Innovation for Innovation’s Sake?
