Interpreting | 2010.01.28
Estée Lauder Companies Second Quarter Sales Climb 11%; Earnings Per Share Increases 60% to $1.28; Company Raises Expected Sales and EPS for 2010 Fiscal Year
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today reported financial results for the fiscal second quarter ended December 31, 2009 that were sharply higher than the prior-year period and the Company’s original expectations. For the second quarter, the Company had net sales of $2.26 billion, an 11% increase compared with $2.04 billion reported in the prior-year period. Excluding the impact of foreign currency translation, net sales increased 6% from the year-a
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