The estÉe lauder companies reports fiscal 2023 third quarter results

New york--(business wire)--the estÉe lauder companies inc. (nyse: el) today reported net sales of $3.75 billion for its third quarter ended march 31, 2023, a decline of 12% from $4.25 billion in the prior-year period, including the negative impact from foreign currency. organic net sales fell 8%, primarily driven by asia travel retail in hainan and korea. partially offsetting the pressures affecting the company's asia travel retail business, organic net sales grew in nearly every market, includ.
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