By  on August 15, 2014

The Estée Lauder Cos. Inc. posted solid  fourth-quarter results in both profits and sales.

For the three months ended June 30, net income rose nearly three-fold to $257.7 million, or 66 cents a diluted share, from $94 million, or 24 cents, in the year-ago quarter. Net sales rose 13.2 percent to $2.73 billion from $2.41 billion.

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