Estée Lauder (EL) Tops Q4 EPS by 6c; Issues Light Q1, FY16 EPS Outlook
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The Estée Lauder Companies Reports Strong Adjusted Constant Currency Sales and Earnings Growth in Fiscal 2015 Fourth Quarter and Full Year
August 17, 2015 7:30 AM EDTNet Sales in Line with Expectations, EPS Better Than Anticipated
Fiscal 2016 Sales and Earnings Outlook Remains Strong
NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) today reported financial results for its fourth quarter and fiscal year ended June 30, 2015. For the three months ended June 30, 2015, the Company reported net sales of $2.52 billion, compared with $2.73 billion in the prior-year period. The fiscal 2014 fourth quarter included the effect of the accelerated retailer orders, described below, which created an unfavorable comparison with the fiscal 2015 fourth-quarter results.... More
