Company News, Financial News

Lauder Outlines Plans For Long-Term Growth

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By: TOM BRANNA

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During an analyst and investor meeting in September, The Estée Lauder Com-panies said it expects a combination of sales growth initiatives, operational efficiencies and productivity gains to drive sales over the next five years at a cumulative average growth rate of 6-7% in constant currency. Earnings per share are expected to average 12-15% growth during the period. The company’s supply chain and manufacturing initiatives, designed to integrate and align all elements of its global operations, a...

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