Estee Lauder Recently Lost Nearly $Thirty Million.

Cosmetics giant Estee Lauder Estee Lauder Cos. announced on Thursday that it realized a profit of $23 million 900 thousand in the fourth quarter and a profit of 12 cents per share, while in the same period last year, the company suffered a loss of 17 million 900 thousand dollars and a loss of 9 cents per share.

August 12th, according to foreign media reports, the cosmetics giant Estee Lauder Co (Estee Lauder Cos.) announced on Thursday that its fourth quarter realized a profit of $23 million 900 thousand, or a profit of 12 cents per share, while in the same period last year, the company suffered a loss of 17 million 900 thousand dollars, plus a loss of 9 cents per share. Quarterly revenue grew 9.3% to $1 billion 840 million. Excluding special items, Estee Lauder earned 29 cents per share in the fourth quarter.

In addition, Estee Lauder expects its earnings per share in the first quarter of next fiscal year to be 67 cents to 80 cents per share in the next fiscal year. profit The interval ranged from $2.8 to $3.05.

In the fourth quarter, Estee Lauder's net sales rose from $1 billion 680 million last year to $1 billion 840 million, an increase of 9%. Excluding the exchange rate floating factor, the company's actual net sales increased by 8%.

Estee Lauder said its net sales in the fiscal year rose from $7 billion 320 million a year earlier to $7 billion 800 million, an increase of 6%. Excluding the exchange rate floating factor, annual net sales increased by 5% in real terms. The company's annual net income rose to $478 million 300 thousand from $218 million 400 thousand a year ago. After dilution, Estee Lauder realized net profit of $2.38 per share in the fiscal year, compared with $1.1 a year ago.

Excluding special items, Estee Lauder's net sales in the 2010 fiscal year ending June 30th increased 7% to $7 billion 810 million, while net profit increased to $551 million. Net profit per diluted share rose to $2.75 from $1.42 a year ago.

Performance of departments

From all sectors, Estee Lauder's skin care department is clean in the current fiscal year. Sales volume From $2 billion 886 million a year ago to $3 billion 227 million last year, business revenue rose to $434 million from $294 million a year ago, while cosmetics sales rose to $2 billion 978 million from $2 billion 831 million a year ago, while operating income rose to $417 million from $280 million a year earlier. Net sales of perfume sector slipped from 1 billion 137 million dollars last year to 1 billion 137 million dollars, while operating income changed from last year's loss to 60 million 800 thousand dollars to earnings.

Regional performance

From all regions, Estee Lauder's net sales in the Americas in the current fiscal year rose to $3 billion 442 million from $3 billion 421 million a year ago, while operating income increased from $115 million a year earlier to $162 million. In Europe, Middle East and Africa, net sales rose to 2 billion 860 million US dollars from last year's 2 billion 611 million US dollars, while operating income increased to $501 million from 230 million dollars a year earlier. Net sales in Asia Pacific region increased from 1 billion 299 million dollars last year to 1 billion 510 million dollars, while operating income rose from 165 million dollars last year to 165 million dollars.

Fabrizio Freda, President and chief executive officer of Estee Lauder, said: "in 2010, our performance exceeded expectations and reached the strategic goals set in advance." (Fabrizio Freda) At the same time, our good performance in the current fiscal year has also made us confident that we will achieve stable earnings growth in the future.

At the same time, the company also said that the company plans to invest more in advertising and promotion in the next fiscal year, and will focus on developing core brand businesses.

Estee Lauder is the flagship brand of Estee Lauder Co, which is famous for its anti-aging skin care products. Estee Lauder Co is the world's leading manufacturer and distributor of cosmetics, skin care products and fragrances. In 1946, Estee Lauder Co was founded in New York, USA. It has purchased skin care brand Clinique (Clinique), La Mer, Prescriptives, Origins (original), cosmetics brand Bobbi Brown, M A C, and male perfume brand Aramis and so on. At the same time, the company also carries out the OEM production of 7 top American fashion brands, such as Donna Karan and Michael Kors.