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Lauder Raises FY 2022 Outlook As Sales Exceed Pre-Pandemic Levels

Executive Summary

The Estee Lauder Companies’ net sales in the fiscal 2022 second quarter climbed 14% to $5.54bn, surpassing pre-pandemic results. The New York-based beauty giant raised its full-year sales and earnings guidance, with plans for impactful innovations in addition to strategic near-term pricing.

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