Strong Q3 results for Estée Lauder
Earnings rose by 4.6% in past quarter
Estée Lauder has reported that it has had a successful Q3 with sales rising by 3.8%, boosted by a 9.2% gain in skin care sales. Earnings are also said to have risen by 4.6% in the past quarter.
Looking ahead, the company says its outlook for the coming year remains positive but it does see its fourth quarter earnings to be below what is estimated.