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: Groceryshop 2024 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators Enhancing the Supply Chain, Customer Experience and OperationsInnovator Profile: Leav—Simplifying In-Store Checkout with Scan & GoWeekly US and UK Store Openings and Closures Tracker 2024, Week 21: Superdrug Announces UK Store ExpansionAmazon Apparel US Consumer Survey 2024—Infographic: Amazon Regains Its Spot as America’s Most-Shopped Clothing and Footwear Retailer
