The Estée Lauder Companies Inc. reported a solid financial performance for its first quarter ended September 30, 2012, with net sales of $2.55 billion, a 3% increase compared with $2.48 billion reported in the prior-year quarter. Excluding the impact of foreign currency translation, net sales increased 6% from a year ago, the company said. These results were delivered against a 14% local currency sales increase in the prior-year quarter and softer than expected markets, particularly in Wester...