Company Earnings Update 5 minutesRegister for Free AccessEstée Lauder (NYSE: EL) 4Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full Year Coresight Research August 21, 2019 Executive Summary Estée Lauder reported 4Q19 revenues of $3.6 billion, up 9% year over year compared to $3.3 billion in the prior-year period. Adjusted, non-GAAP earnings per share (EPS) were $0.68, compared to $0.61 in the year ago quarter, up 12% and beating estimates by $0.10. The Asia Pacific region continued to show strong growth, while the skin care category was outstanding across brands, markets, and channels. Travel retail and online continue to grow strong double-digits, and the company is prioritizing investment in the fastest-growing channels such as these. The company forecast net sales to increase between 9% and 10% in 1Q20. Reported diluted net earnings per common share are projected to be between $1.48 and $1.52. 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: Weekly US and UK Store Openings and Closures Tracker 2023, Week 51: Previewing Plans for 2024—Dollar General (US) and Asda (UK) To Lead Store OpeningsWeekly US and UK Store Openings and Closures Tracker 2023, Week 22: B&M Drives UK OpeningsDebunking Three Myths of Holiday Readiness: Insights Presented at Google Think Retail on AirInnovator Profile: Quiver Expands Fulfillment Capabilities for E-Commerce Retailers, Putting Climate First