The Estee Lauder Companies Inc Class A

EL: XNYS (USA)
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Estee Lauder Earnings: Sales and Margin Gains Radiate on the Heels of Stepped-Up Brand Spending

Estee Lauder posted 6% organic sales growth in the first quarter, along with a 480-basis-point jump in the adjusted operating margin to 12.1%. Against this, management raised its full-year organic sales growth guidance (4.0%-5.5% from 4% at the midpoint) and EPS outlook ($3.20-$3.45 from $3.23).

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