Estée Lauder(EL) - 2024 Q2 - Earnings Call Transcript

Thank you Rainey and hello to everyone. We appreciate you joining us today. From a geographic standpoint, organic net sales in our Europe, Middle East and Africa region declined 14%, mainly attributable to the persistent challenges in our Asia travel retail business. The impact from business disruptions in Israel and other parts of the Middle East accounted for a 2% reduction in the regionÂ's overall net sales growth. The markets in the region had mixed results, leading to overall flat growth across all mar ...