Beauty giant Estee Lauder Cos Inc: 4.8% rise in quarterly sales
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW and By Kilian.
Thanks to higher demand for its makeup brands including M.A.C, Smashbox and Bobbi Brown. The company’s makeup unit’s sales rose 10.2 percent to $1.13 billion, contributing about 42.6 percent to total sales in the fourth quarter ended June 30.
The Estée Lauder Companies Inc. declares quarterly dividend of $30 per share and it delivers strong fiscal year 2016 results