The Estee Lauder Companies Inc. reported net sales for the fiscal year ended June 30, 2003, were $5.12 billion, the first $5 billion sales year in the company’s history. The net sales for the year represent an 8% increase from $4.74 billion reported in the prior year. Excluding the impact of foreign currency translation, net sales increased 4%.The company achieved net earnings of $319.8 million for the 2003 fiscal year, compared with $212.5 million reported in the same period last year.For...