Company Earnings Update 4 minutesRegister for Free AccessEstée Lauder (NYSE: EL) 2Q19 Results: Sales Reach $4 Billion; Company Raises Sales and EPS Guidance for Full Year Coresight Research February 6, 2019 Executive Summary Estée Lauder reported 2Q19 revenues of $4.0 billion, up 7.0% year over year and beating the $3.9 billion consensus estimate. Non-GAAP EPS was $1.74, compared to $1.52 in the year ago quarter, up 14.5%. Skin care, the company’s largest category at 43% of sales, rose 16% on a reported basis driven by the Estée Lauder, La Mer, Clinique and Origins brands. The Asia Pacific region showed strong growth, with over half of the regions showing double digit growth. The company forecast 3Q19 revenue growth of 5-6%, compared to the consensus estimate of 2.5%. The company raised its full year EPS guidance to $4.92-5.00, versus the prior guidance of $4.73-4.82, compared to the consensus estimate of $4.86. 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: The State of the American Mall: Competitive, Attractive and Here To StayAugust 2023 China Retail Sales: Growth Rate Improves, Breaking Three-Month Downward TrendJuly 2023 US Retail Sales: Resilient Consumers and Nonstore Retailers Fuel Retail Sales GrowthCoresight Bites: US Store Openings and Closures—2022 Review and 2023 Outlook