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March 14, 2013
By: TOM BRANNA
Editor
• The Estée Lauder Companies Inc. reported net sales for its second quarter ended Dec. 31, 2012 rose 7% to $2.93 billion. For the six months ended Dec. 31, 2012, the company reported a 5% increase in net sales to $5.48 billion. Net sales grew in each of the company’s geographic regions and major product categories. Estée Lauder began the second half of its fiscal year by successfully launching another wave of its Strategic Modernization Initiative in early January, a key driver to achieving add...
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