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Today, Nov 4
06:26
Estee Lauder Beats Earnings Estimates and Plans to Cut Back on Discounts
Business

Estee Lauder Beats Earnings Estimates and Plans to Cut Back on Discounts

Estee Lauder reported stronger-than-expected quarterly sales of $3.72 billion, driven by robust luxury fragrance demand and a rebound in China. The cosmetics giant plans to cut back on discounts and raised its fiscal 2027 guidance.

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