Financial News

A Strong Holiday Season At Estée Lauder

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By: TOM BRANNA

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The Estée Lauder Companies Inc. reported net sales for its second quarter ended Dec. 31, 2014 increased 1% to $3.04 billion. President and CEO Fabrizio Freda said, “Our successful performance this quarter reflected solid global demand for our brands, including a strong holiday season. Our results further demonstrate our ability to grow despite currency headwinds and softness in several countries. For the quarter, our sales and profits came in higher than planned as we continued to leverage ou...

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