• The Estée Lauder Companies Inc. reported record results for the fiscal year ended June 30, 2011. For the year, sales rose 13% to $8.81 billion. Excluding the impact of foreign currency translation, net sales increased 12% from a year ago. Net earnings for the year jumped to $700.8 million, compared with $478.3 million last year. “Fiscal 2011 was an outstanding year for our company. We achieved record sales, gross margin, operating margin, earnings per share and operating cash flow,” said F...