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Estée Lauder's sales and earnings decline
The Estée Lauder Companies reported full year net sales of 15.61 billion dollars, a decrease of 2 percent versus the prior year, while organic net sales decreased 2 percent. The company’s reported net earnings declined to 0.39 billion dollars. The company said that the fourth quarter net sales of 3.87 billion dollars, a 7 percent increase,...
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