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Stock impact report

Coty Continues to Ride Fragrance Boom [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
The beauty company, which holds licenses for the likes of Burberry, Gucci, Marc Jacobs and Davidoff, saw net revenues rise 8 percent to $1.38 billion in the third quarter of its fiscal year ended March 31. Analysts polled by FactSet forecasted $1.37 billion. More from WWD Olaplex's Sales Dropped 13.1 Percent in Q1 Burberry Partners to Provide Outdoor Education Across the U.K. The Estée Lauder Cos. Reaches Inflection Point, Analysts Say Recovery Won't Be Linear Within that, prestige net revenues increased 8 percent and consumer beauty revenues rose 6 percent. Coty's prestige fragrance revenues grew about 7 percent. Burberry Goddess, the group's biggest launch ever, continued to be a big growth factor which, coupled with strong performances in other Burberry franchises, drove over 50 percent expansion in that brand's total net revenues in the third quarter. Elsewhere, Marc Jacobs Daisy Wild and Cosmic Kylie Jenner are ranking as the top two fragrance launches in the U.S. in Show less Read more
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