Stock Groups

Estee Lauder sales beat Wall Street expectations -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – An Estee Lauder counter selling cosmetics is seen in Los Angeles (California), U.S.A, on August 19, 2019. REUTERS/Lucy Nicholson

(Reuters). Estee Lauder (NYSE: ) Cos Inc beat Wall Street estimates for quarterly sales Tuesday. After the removal of lockdown restrictions, shoppers in North America & Europe bought more cosmetics makers’ skincare and makeup products.

From $3.56 Billion a year ago, net sales increased to $4.39Billion in the first quarter. According to IBES data from Refinitiv, analysts had predicted sales of approximately $4.25 trillion.

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]