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Makeup, fragrance and hair care less than stellar in Q3 report.
May 4, 2012
By: TOM BRANNA
Editor
The Estée Lauder Companies Inc. reported a solid financial performance for its third quarter ended March 31, 2012. Net sales rose 4% to $2.25 billion, while net earnings increased 5% to $130.4 million. However, the only category that really showed gains was skin care. For the quarter, skin care sales rose 14% to $1.01 billion. The Estée Lauder brand had strong sales from the recent launches of Revitalizing Supreme Global Anti-Aging Creme, Idealist Even Skintone Illuminator and Idealist ...
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