Another retailer posting their earnings this morning on news U.S. retail sales jumped in July. Estee Lauder (NYSE:EL) announced their fourth quarter earnings, with a profit of $51.2 million or 13 cents a share. Excluding restructuring costs EPS came in at 17 cents per share, higher then the average analyst estimate of 16 cents.Revenue rose in the quarter to $2.25 billion, also being analyst estimates of $2.21 billion.Estee Lauder showed they experienced strong sales across the product line, with make up seeing the biggest increase of 11%. President and CEO of the company Fabrizio Freda said the company will continue putting more resources into emerging markets, online, and its travel retail segment, parts of their business that has seen big gains.The retailer also announced its forecast for fiscal 2013, saying it sees EPS of $2.44 to $2.56 on revenue of $10.3 billion to $10.5 billion. Analysts are predicting profit of $2.57 per share on revenue of $10.25 billion.
