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The Estée Lauder Firms Inc. (NYSE: EL) reported second quarter 2024 earnings outcomes in the present day.
Web gross sales declined 7% to $4.28 billion from the prior-year interval. Natural internet gross sales fell 8%.
Web earnings was $313 million, or $0.87 per share, in comparison with $394 million, or $1.09 per share, final 12 months. Adjusted EPS was $0.88.
For the third quarter of 2024, reported internet gross sales are forecasted to extend between 3-5% versus the prior-year interval.
(This story will likely be up to date shortly with an infographic)