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Estee Lauder Companies Refines Outlook for Fiscal Third Quarter and Full Year

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By: TOM BRANNA

Editor

The Estee Lauder Companies Inc. today refined its outlook for its fiscal third quarter and reconfirmed full year results. Net sales for the fiscal 2001 third quarter are expected to grow between 8% and 9% on a constant currency basis versus last fiscal year’s third quarter. The increase in third quarter net sales in constant currency is expected to be led by double-digit growth in Europe, the Middle East & Africa and Asia/Pacific regions, while sales growth in the Americas is expected...

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