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Will International Sales Boost Lauder?

Analysts expect international business will offset U.S. weakness.

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By: TOM BRANNA

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Business at department stores has declined dramatically since September as a financial meltdown and weaker economy have made consumers more concerned about job security and their retirement savings. At the same time, a slowdown in airline travel is likely to crimp momentum for the cosmetics company, which sells its products in airport duty free shops. Both factors could put a damper on Estée Lauder’s fiscal first quarter results, which the company will report on Tuesday. Still, analysts...

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