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October 25, 2001
By: TOM BRANNA
Editor
The Estee Lauder Companies Inc. today reported a 1% gain in net sales to $1.19 billion for the fiscal first quarter ended Sept. 30. Net earnings rose 3% to $97.1 million for the quarter.“Despite the very difficult economic environment, we grew our company this quarter,” said Fred H. Langhammer, president and chief executive officer, Estee Lauder. “As we work through the immediate challenges and look beyond the near-term, we are focusing resources on the greatest opportunities f...
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