Estee Lauder Companies CEO Discusses Q2 2011 Earnings Call Transcript

Estee Lauder Companies (EL)

Q2 2011 Earnings Call

February 03, 2011 9:30 am ET

Executives

Veronique Gabai-Pinsky - Global Brand President of Aramis Designer Fragrances for BeautyBank & IdeaBank

Richard Kunes - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Fabrizio Freda - Chief Executive Officer, President and Director

Dennis D'Andrea - Vice President of Investor Relations

Analysts

Ali Dibadj - Sanford

Mark Astrachan - Stifel, Nicolaus & Co., Inc.

Alice Longley - Buckingham Research Group, Inc.

William Schmitz - Deutsche Bank AG

Wendy Nicholson - Citigroup Inc

Andrew Sawyer - Goldman Sachs Group Inc.

Linda Weiser - Caris & Company

Caroline Levy - Credit Agricole Securities (USA) Inc.

Christopher Ferrara - BofA Merrill Lynch

Presentation

Operator

Good day, everyone, and welcome to the Est�e Lauder Companies Fiscal 2011 Second Quarter Conference Call. [Operator Instructions] For opening remarks and introductions, I would like to turn the call over to the Vice President of Investor Relations, Mr. Dennis D'Andrea. Please go ahead, sir.

Dennis D'Andrea

Good morning, everyone. On today's call are Fabrizio Freda, President and Chief Executive Officer; and Rick Kunes, Executive Vice President and Chief Financial Officer. Also on our call today is Veronique Gabai-Pinsky, Global Brand President of Aramis and Designer Fragrances, BeautyBank and IdeaBank. Veronique will discuss strategic progress in our ADF division.

Since many of our remarks today contain forward-looking statements, let me refer you to our press release and our reports filed with the SEC, where you'll find factors that could cause actual

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