Hints and tips:
...Net sales rose 16 per cent from a year ago to $3.86bn, rising across every region....
...William Lauder, head of Estée Lauder, is praised for recognising that the cosmetics company would be better run in partnership with a strong outsider, Fabrizio Freda....
...The shares rose 3.6 per cent in pre-market trading....
...“We are sorry this occurred and we take full responsibility for this matter,” chief executive Fabrizio Freda said on the company’s earnings call....
...from the passage of the new Tax Cuts and Jobs Act, further enhance our ability to strategically invest in faster-growing areas of prestige beauty to attract new consumers,” said chief executive Fabrizio Freda...
...That came alongside news that profits rose 45 per cent to $427m in the three months ended in September compared with $294m in the year-ago quarter....
...Stripping out currency fluctuations, sales rose 11 per cent....
...Sales rose 5 per cent to $2.65bn broadly in line with estimates....
...Sales rose 5 per cent to $2.65bn, broadly in line with estimates....
...Burberry’s UK sales rose by more than a third last quarter thanks to tourists flocking to its stores for lower prices....
...Sales rose 1 per cent to $2.58bn. Analysts on Wall Street had forecast earnings of 51 cents a share on sales of $2.54bn....
...“Leonard and Fabrizio [Freda, Lauder’s CEO] came to see me. We had long conversations and it confirmed to me we were on the same wavelength....
...Mr Freda also pointed to strong growth and increased penetration in emerging markets including Mexico, central Europe, Turkey and South Africa....
...Estée Lauder shares rose 3 per cent in pre-market trading....
...“The affluent consumer is spending freely for the product she desires,” said Fabrizio Freda, the chief executive, on the company’s conference call on Tuesday....
...Shares in Mwana Africa rose 8.3 per cent to 3.9p. …………………………………………………………….....
...Fabrizio Freda, chief executive, said: “Our sales grew at twice the rate of worldwide prestige beauty.”...
...Their spending sentiment index rose from 118 in December to 131 in May....
...P&G’s shares rose over 2 per cent to $62.57, while Colgate rose just under 1 per cent to $81.05....
...Sir Fred McKillop, Fred Buchan, Fred Currie, Fred Friedrich, Fred Hunter, Fred “Fred” Koch, Freda Kong, Fred MacHale, Sir Fred Robson, Fred Scott and Fred Sutherland....
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