Estee Lauder (EL) Tops Q3 EPS by 15c

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The Estée Lauder Companies Reports Solid Sales and Earnings Growth in Fiscal 2016 Third Quarter

May 3, 2016 6:45 AM EDT

Constant Currency Earnings Per Share of $.76, before Charges, on 6% Net Sales Growth

Company on Track to Deliver Strong Full-Year Results

Announces Multi-Year Initiative to Fuel Sustainable Long-Term Sales and Margin Growth

Expected Annual Net Benefits of $200 Million to $300 Million, Once Fully Implemented

NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) today reported results for its fiscal third quarter ended March 31, 2016 and announced a new initiative, named Leading Beauty Forward, designed to continue driving sales, reduce costs and enable new organizational... More