Estee Lauder (EL) Misses Q3 EPS by 4c; Lowers Outlook
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The Estée Lauder Companies Reports Fiscal 2023 Third Quarter Results
May 3, 2023 6:45 AM EDTNet Sales Decreased 12% and Diluted EPS Declined 72% to $.43
Organic Net Sales1 Decreased 8% and Adjusted Diluted EPS Fell 74% in Constant Currency
Overall Results Impacted by Slower Asia Travel Retail Recovery while Nearly All Markets
Delivered Net Sales Growth Ahead of Expectations
Lowering Full-Year Outlook to Reflect More Gradual Recovery in Asia Travel Retail
Focused on Accelerating Balanced Growth Post-Pandemic
NEW YORK--(BUSINESS... More
