Estée Lauder (EL) Tops Q1 EPS by 4c; Guides Q2, FY17 EPS Below Views
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The Estée Lauder Companies Fiscal 2017 First Quarter Net Sales Rose in Line with Expectations, EPS Exceeds Guidance
November 2, 2016 6:45 AM EDTCompany Reaffirms Fiscal 2017 Sales and Earnings Forecast
NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $2.87 billion for its first quarter ended September 30, 2016, a 1% increase compared with $2.83 billion in the prior-year quarter. Net earnings were $294 million, compared with $309 million last year. Diluted net earnings per common share were $.79, including... More
The Estée Lauder Companies Inc. Increases Quarterly Dividend 13% to $.34 Per Share
November 2, 2016 6:30 AM EDTNEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) announced today an increase in the quarterly dividend on the Companys Class A and Class B Common Stock to $.34 per share. The dividend amount represents a 13% increase over the previous quarterly rate of $.30 per share. The $.34 per share... More