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: Retail 2024: 10 Trends in China RetailSingles’ Day 2023 Performance: Positive Reports from Major E-Commerce PlatformsApril 2023 UK Retail Sales: Online Sales Slow While Total Retail Sales AccelerateResponses to Inflation—Trading Down in Food and Nonfood Remains a Critical Shopping Strategy: US Consumer Survey Insights