Fashion & retail

Estée Lauder EPS crushes consensus by 78%

Estée Lauder Q1 revenue: $3.5B (+4%); EPS $0.32 vs. consensus $0.18—77% beat. Fragrance up 13% on Tom Ford Oud launch; stock up 5.5%. L'Oréal Q1 LFL +7.6% also beat.

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