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Article: Estee Lauder Companies Reports 12% Net Sales Increase in Second Quarter.
- Article from:
- Business Wire
- Article date:
- January 31, 2007
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Diluted EPS from Continuing Operations Increases 42% to $.99
Raises Full Fiscal Year EPS Estimates
NEW YORK -- The Estee Lauder Companies Inc. (NYSE: EL) today reported $1.99 billion in net sales for its fiscal second quarter ended December 31, 2006, a 12% increase over the $1.78 billion reported in the prior-year quarter. Excluding the impact of foreign currency translation, net sales rose 9%.
The Company reported net earnings from continuing operations for the quarter ended December 31, 2006 of $208.5 million, compared with $150.4 million last year. Diluted net earnings per common share from continuing operations for the quarter rose 42% to ...