|
|
Article: Estee Lauder Companies Reports 7% Net Sales Increase in Third Quarter.
- Article from:
- Business Wire
- Article date:
- May 3, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Diluted EPS from Continuing Operations of $.45
Outlook for Fiscal Year Remains on Track
NEW YORK -- The Estee Lauder Companies Inc. (NYSE: EL) today reported $1.69 billion in net sales for its fiscal third quarter ended March 31, 2007, a 7 increase over the $1.58 billion reported in the prior-year quarter. Excluding the impact of foreign currency translation, net sales rose 5.
The Company reported net earnings from continuing operations for the quarter ended March 31, 2007 of $93.8 million, compared with $63.2 million last year. Diluted net earnings per common share from continuing operations for the quarter rose 53 to $.45 compared with $.29 ...