The inside view on the international beauty industry
ELC sees 14% sales increase in first fiscal quarter 2018
November 1, 2017
Incremental sales from Becca and Too Faced contributed four percentage points of sales growth in the first quarter
Estée Lauder Companies (ELC) reported what it described as outstanding results for the first quarter of fiscal 2018, with sales up 14% to $3.27bn and a 45% increase in net profit to $427m. The company said it would raise its...