Estee Lauder (EL) Tops Q1 EPS by 10c

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The Estée Lauder Companies Reports Fiscal 2023 First Quarter Results

November 2, 2022 6:45 AM EDT

Net Sales Decreased 11% and Diluted EPS Decreased 28% to $1.35

Organic Net Sales1 Decreased 5% and Adjusted Diluted EPS Fell 24% in Constant Currency, As Expected

Headwinds Will Continue to Pressure Second Quarter; Strong Growth Expected to Gradually Resume in the Second Half of Fiscal 2023

NEW YORK--(BUSINESS... More