Thursday, May 3, 2007

Estee Lauder profit up but weak sales hit stock

(Reuters) - Analysts on average had expected profit of 46 cents a share, according to Reuters Estimates.

Sales increased 7.1 percent to $1.69 billion. Makeup and skin care sales rose, but the New York-based company reported weakness in its core brands and in the domestic market.


Read more at Reuters.com Business News

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