By  on August 18, 2017

Bolstered by gains in e-commerce and acquisitions, the Estée Lauder Cos. posted 5 percent sales growth for its fiscal year.

For the full year, Lauder brought in $11.82 billion in net sales, up from $11.26 billion in the prior-year period. Net earnings were $1.25 billion, up 12 percent, compared to $1.11 billion in the prior year. Too Faced and Becca, which Lauder acquired in 2016, contributed 2 percent to sales growth. Online sales were also strong in Asia and the Americas.

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