The estÉe lauder companies reports fiscal 2024 second quarter results

New york--(business wire)--the estÉe lauder companies inc. (nyse: el) today reported net sales of $4.28 billion for its second quarter ended december 31, 2023, a decline of 7% from $4.62 billion in the prior-year period. organic net sales fell 8%, reflecting the expected challenges in asia travel retail as well as ongoing softness in overall prestige beauty in mainland china. the decrease also reflects a 1% headwind due to business disruptions in israel and other parts of the middle east. parti.
EL Ratings Summary
EL Quant Ranking