Estee Lauder (EL) Ups FY24 Profit View on Q3 Earnings Beat
ELEstée Lauder(EL) Zacks Investment Research·2024-05-02 00:16

The Estee Lauder Companies Inc. (EL) reported third-quarter fiscal 2024 results, with the top and the bottom line increasing year over year. Quarterly net sales and earnings surpassed the Zacks Consensus Estimate. Asia travel retail experienced a return to organic sales growth, as developed and emerging markets across Asia/Pacific, Europe, the Middle East & Africa (EMEA) and Latin America further contributed to the positive performance. Considering macroeconomic challenges — including softness in overall pr ...