>>
Home / Knowledge / News / Fashion / Estée Lauder's FY fragrance sales soar 9%

Estée Lauder's FY fragrance sales soar 9%

20
Aug '05
Skin care products manufacturer and marketer The Estée Lauder Companies Inc reported net sales for its fiscal year ended June 30, 2005 of $6.34 billion, a 9% increase over the $5.79 billion reported in the prior year. Excluding the impact of foreign currency translation, net sales rose 7% for the year.

- EPS from continuing operations, before special tax charge, up 17% to $1.90 for full year; up 36% to $.42 for fourth quarter

- Company provides fiscal 2006 expectations

- Makeup net sales for the year rose 13%

- Fragrance sales rose 9%

- Hair care was up 2%

- Net sales of skin care products for the year increased 10% to $2.35 billion

- Operating income improved in skin care, makeup and fragrance due to the net sales growth

For the full fiscal year 2005, the Company reported net earnings from continuing operations of $406.1 million, up 8% from $375.4 million last year. Diluted earnings per common share from continuing operations for the year rose 10% to $1.78 from $1.62 reported in the prior year. Fiscal year 2005 results included a special tax charge related to the Company's intention to repatriate, in fiscal 2006, $500 million of extraordinary intercompany dividends under the provisions of The American Jobs Creation Act of 2004 (the "AJCA").

This action resulted in an incremental tax charge, recorded in the fourth quarter, of $27.5 million, or $.12 per diluted share. Excluding the special tax charge, net earnings from continuing operations for fiscal year 2005 increased 16% to $433.6 million, and diluted earnings per share from continuing operations increased 17% to $1.90. A reconciliation between GAAP and non-GAAP financial measures for fiscal 2005 can be found on page 8 of this press release.


Must ReadView All

Pic: Dong Nhat Huy / Shutterstock.com

Textiles | On 17th Jan 2022

Vietnamese parliament approves economic stimulus package for recovery

The first extraordinary session of Vietnam’s 15th National Assembly...

Pic: Dreamstime.com

Textiles | On 17th Jan 2022

Industrial production up by 2.3% in euro area, 2.5% in EU: Eurostat

In November 2021, the seasonally adjusted industrial production rose...

Pic: Shutterstock

Textiles | On 17th Jan 2022

Inflation in China tame in 2021 amid stable economy

China's inflation largely remained tame throughout 2021—barring a...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

K Madhavan,

K Madhavan

Established in 2005 by P Manjunath, Peps is India's largest inner spring...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Silke Brand-Kirsch, Glatfelter

Silke Brand-Kirsch
Glatfelter

Glatfelter is a leading global supplier of engineered materials. <b>Silke...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Phong Phu international JSC (PPJ)
Boardriders Asia Sourcing Limited
Page Industries Limited (Bangalore)
Tchibo GmbH
Hela Clothing Pvt Ltd
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Restoque S.A.
Gloria Jeans
Alix Partners
G-Star Raw C.V.
NITI Aayog
Aramark Uniform ;& Career Apparel, LLC
Lenzing Aktiengesellschaft
Grasim Industries Limited
Huntsman (Singapore) Pte Ltd
C;&A Sourcing International Ltd
Seasalt Limited
Sportswear Company Spa

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search