Makeup, millennials drive Estee Lauder sales surge
By Karina Dsouza and Vibhuti Sharma Nov 1 (Reuters) – Estee Lauder shares hit a record high on Wednesday after the cosmetics maker forecast holiday-quarter sales ahead of market expectations, banking on demand for recently acquired makeup brands that are popular with millennials. The strong forecast followed better-than-expected sales and profit in the first quarter … Read more