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: March 2023 Leading Indicators of US Retail Sales: Mid-Single-Digit Growth Amid Growing Consumer SentimentDollar Stores: Flexing Muscle in US GroceryCoresight Bites: US Store Tracker Extra—Developments in February 2023September 2023 US Retail Sales: Retail Spending Outpaces Retail Inflation as Consumers Remain Healthy