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Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:54 EDTELEstee Lauder says luxury brands, including La Mer, Tom Ford, are thriving
Says affluent customers "spending freely". Says emerging markets continue to deliver most rapid growth. Sees further expansion opportunities into smaller cities in China for years to come. Comments made on the Q2 earnings conference call.
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August 15, 2014
07:34 EDTELEstee Lauder sees FY15 $3.10-$3.20 ex-items, consensus $3.17
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07:33 EDTELEstee Lauder sees Q1 EPS 72c-76c ex-items, consensus 72c
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07:32 EDTELEstee Lauder reports Q4 adjusted EPS 66c, consensus 56c
Reports Q4 revenue $2.73B, consensus $2.66B. On a reported basis, as well as in constant currency, net sales grew in each of the Company’s geographic regions and product categories. Sales also increased in each product category within each region. Sales growth reflects double-digit gains in the U.S. and travel retail, as well as double-digit local currency increases in many European emerging markets. In Asia/Pacific, local currency growth was led by strong increases in Japan, China and Hong Kong. Sales gains in the U.S., travel retail and Japan include the effect of the accelerated retailer orders.

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