Breaking News

Estée Lauder Second

March 9, 2006

Estée Lauder Companies reported fiscal second-quarter profit fell 41% after taking a charge from the sale of its Stila brand. Net income dropped to $81.7 million from $138.3 million a year earlier. Earnings from continuing operations rose to $150.4 million from $139.7 million. Sales rose 3% to $1.78 billion.
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