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May 4 More on Estee Lauder's (EL) FQ3: Skin Care revenue +9% Y/Y to $1.02B, led by new launches from Estee Lauder brand. Makeup and Fragrance revenue flat Y/Y. Says results negatively impacted by order shifts in advance of implementation of SAP in different geographic locations. Expects FY12 EPS of $2.14-$2.19 on "broad-based" growth, with FQ4 EPS coming in at $0.11-$0.16. Forecasts it will realize savings of between $140M-$150M during year in connection to long-term strategic plan. Shares -3.6% premarket. PR
Comment![Earnings]
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at CNBC.com (May 11, 2012)
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at MarketWatch.com (May 4, 2012)
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at CNBC.com (May 4, 2012)
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at MarketWatch.com (May 4, 2012)
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at MarketWatch.com (May 3, 2012)
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Company Description
The Estée Lauder Companies Inc., founded in 1946 by Estée and Joseph Lauder, is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. Our products are sold in over 140 countries and territories under a number of well-known brand... More