[Estee Lauder Companies Inc.] anticipates organic sales gains of 7% to 8% for the 2019 fiscal year, but the firm is tempering its guidance to account for possible growth “moderation” in China and travel retail due to tariff impacts and other volatile factors.
During an Oct. 31 first-quarter earnings call, CEO Fabrizio Freda projected that Lauder’s prestige beauty business in China will grow...




