Financial News

Q3 Sales Rise 1% at Estée Lauder

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By: TOM BRANNA

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The Estée Lauder Companies Inc. reported net sales for its third quarter ended March 31, 2015 rose 1% to $2.58 billion. “We posted an excellent third-quarter performance, exceeding our constant currency sales forecast that, combined with disciplined expense management, we leveraged into sharply higher earnings per share,” said CEO Fabrizio Freda. “Compelling product innovations, targeted advertising and marketing investments and selective distribution expansion drove double-digit constant cur...

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