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Fiscal year report shows growth in skin care, hair care and cosmetics.
August 12, 2010
By: TOM BRANNA
Editor
The Estée Lauder Companies Inc. reported the latest financial results for the fourth quarter and fiscal year ended June 30, 2010. For the year, net sales increased 6% to $7.80 billion. In fiscal 2010, the company generated its largest full-year increase in operating income and operating margin since becoming a public company in 1995. Fabrizio Freda, president and chief executive officer, said, “In fiscal 2010, we surpassed our own financial goals. In this first full year of our long-term ...
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