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CONSUMER
Central European says it beat Q1
The alcoholic beverage distributor says it'll report 31 cents a share, up 94% vs. last year and 7 cents above views. Central European Distribution also backed its raised '03 profit forecast of $2.20-$2.25. Analysts had seen $2.25. Its shares rose 3%.
Estee Lauder Q3 profit rose 74%
The cosmetics firm earned 33 cents a share, topping views by a nickel, amid higher skin-care product sales and the weak dollar. Estee Lauder warned the Iraq war, SARS and sluggish U.S. retail environment will hurt sales in the next few months. But it backed its fiscal '03 profit view of $1.28-$1.33. Analysts see $1.28. Shares rose 7% to 32.50.
RETAIL
Sales ...