Consumer domestic net sales grew 13.3% to $787.8M, led by 3.3% growth in household products.
Consumer international net sales up 33.3% to $170.1M.
Specialty products net sales increased 3% to $75.2M.
Adjusted gross margin rate advanced 50 bps to 46.6%.
SG&A expense rate +90 bps to 14.1% due to amortization expenses related to acquisitions.
Adjusted operating margin rate improved 90 bps to 20.8%.
Q1 Guidance: Sales: +11%; Organic sales growth: ~+2%;Adjusted EPS: $0.61.
FY2018 Guidance: Sales: ~+8%; Organic sales growth: ~+3%; Adjusted gross margin rate: flat; Tax rate: ~24% to 25%; Diluted EPS: $2.24 to $2.28; Adjusted EPS: $2.24 to $2.28.
Now read: Estee Lauder positive on earnings beat »
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