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October 1, 2012
By: TOM BRANNA
Editor
• Lux is back in a big way. Estée Lauder’s fiscal 2012 sales rose 10% to $9.71 billion. Excluding the impact of foreign currency translation, net sales also increased 10% from a year ago. The company reported a 110 basis point increase in operating margin and net earnings for the year rose 22% to $856.9 million. Net sales increased in each category in every region at Estée Lauder, according to its recent 2012 fiscal report. “A ve...
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