Cautious Outlook Hits Estée Lauder Shares

Beauty firm reported that profits leaped 72 percent in the fourth quarter, but shares fell after it issued lower-than-expected guidance for fiscal 2012.

By Molly Prior

financial/news

As stock markets gyrate and consumers grow antsy, Wall Street is clearly looking ahead — just ask the Estée Lauder Cos. Inc.

The beauty firm Monday reported that profits leaped...

Cautious Outlook Hits Estée Lauder Shares

Beauty firm reported that profits leaped 72 percent in the fourth quarter, but shares fell after it issued lower-than-expected guidance for fiscal 2012.

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