During an analyst and investor meeting webcast yesterday, The Estee Lauder Companies Inc. said it expects a combination of sales growth initiatives, operational efficiencies and productivity gains to drive long-term sales over the next five years at a cumulative average growth rate of between 6% and 7% in constant currency, while earnings per share are expected to average 12% to 15% growth over the same period.Key sales growth drivers include new product innovation across all product categories,...