Estee Lauder sales look good

The MAC and Clinique parent reported a 175% Q4 per-share earnings rise to 66 cents, ex items, and a 13.2% revenue rise to $2.73 bil, topping views for $2.66 bil. Estee Lauder's (EL) skin, hair care, makeup and fragrance segments all made year-over-year sales advances. Shares rose 0.3% to 76.16.

Advertisement