- Fiscal Q1 net sales: $3.72 billion, up 6.7% year over year.
- Adjusted EPS: 72 cents vs. 51-cent consensus.
Estee Lauder raised its full-year sales and profit guidance after fiscal Q1 revenue rose 6.7% to $3.72 billion, topping estimates. Adjusted EPS of 72 cents beat the 51-cent consensus. Fragrance led growth with a 19% jump. Shares gave up premarket gains and traded about 1% lower at $108.
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