The Estee Lauder Companies, Inc. (NYSE:EL) has announced that it anticipates a strong second quarter for the quarter ended December 31, 2009. The company expects its net sales growth to be higher than the preliminary indication. It now expects its sales growth to fall between 10% and 11%. It also anticipates its diluted net earnings per share to be within the range of $1.23 and $1.30.
Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. Free hot penny stocks profiles stock picks that could generate higher returns than average. These penny stocks include stocks with news, chart breakouts or increased volume.
Sign Up Today for our Penny Stock Newsletter
The company has scheduled a conference call for Thursday, January 28, 2010. The conference call will be held to discuss the financial results, future prospects, and recent corporate developments. Individuals may join the call by dialing 888.294.4716, or 706.902.0101 for international callers. A live webcast will also be available on the company’s website, http://www.elcompanies.com/. The webcast will be archived on the Investors section of the site following the end of the call.
The Estee Lauder Companies Inc. is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. Its products are sold in over 140 countries and territories under the brand names, which include Estee Lauder, Aramis, Clinique, Origins, MzAzC, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under the Tommy Hilfiger, Donna Karan, Michael Kors, and Sean John. During fiscal year ended June 30, 2009 (fiscal 2009), the Company acquired Applied Genetics Incorporated Dermatics (AGI), a manufacturer of cosmetics ingredients. In addition, the Company acquired businesses engaged in the wholesale distribution and retail sale of Aveda products.
Sign Up for Free Hot Penny Stocks’ FREE Penny Stock Newsletter.
About Us
Free Hot Penny Stocks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies and other stocks that may be positioned to break out. These penny stocks might have news, increased volume or chart breakouts. These penny stocks that are alerted could generate greater than average returns. Feel free to visit our penny stock forum to discuss other penny stock picks or penny stocks that you might own.
Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer
