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January 10, 2011
By: TOM BRANNA
Editor
Q1 SALES JUMP 14% AT ESTÉE LAUDER This new Clinique product contributed to a rise in sales. The Estée Lauder Companies Inc. posted financial results for the first quarter ended Sept. 30, 2010 that were “sharply higher” than the prior-year period, according to the company. Net sales rose 14% to $2.09 billion, while net earnings increased 36% to $191.1 million. Fabrizio Freda, president and chief executive officer, said, “We ha...
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