CORRECT: Estee Lauder EPS View $1.30-$1.60/Share, Not $1.50
16 Janvier 2009 - 5:18PM
Dow Jones News
Lauder also cut its fiscal-year view, projecting earnings of
$1.30 to $1.60 a share on revenue flat to down 3%, excluding
foreign exchange fluctuations. The company in October lowered
expectations to earnings of $2.20 to $2.50 a share, with revenue
growing 3% to 5%.
(The story "=Elizabeth Arden, Estee Lauder Cut Views On Weak
Sales" published at 8:28 a.m. EST incorrectly reported the new
range as $1.30 to $1.50.)
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