Estée Lauder (NYSE:EL) reported fiscal 2027 first-quarter net sales of $3.7 billion, up 7%, and shares rose about 2.3% in pre-market trading. Costs barely grew while sales did, so operating income more than doubled to $408 million, and management raised its full-year outlook. Fragrance drove the sales growth, while makeup and hair care barely moved. Key Numbers What It Means
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