The Estee Lauder Companies Inc. reported net sales for the second quarter ended Dec. 31, 2001 was $1.26 billion, down 3% from $1.29 billion in the prior-year period. This includes the negative impact of foreign currency translation. Net earnings were $90.1 million, a decrease from last year’s $127.3 million.These results were in line with the guidance the company issued in December which blamed the general weakness in the U.S. retail environment, inventory contraction, particularly by U.S....