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News Watch
- 12/11/2008 2:22:27 AM
By Chip Brian, SmarTrend Analytics Team
Tuesday, Estee Lauder Cos. (NYSE:EL) reported a profit gain of 31% with net income of $51.1 million, or 26 cents per share, compared to $39.1 million, or 20 cents per share, from the year prior. Estee Lauder sales for the quarter came in at $1.9 billion, up from $1.71 billion. Tuesday evening, Estee Lauder shares closed at $35.37.
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