SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 5, 2005
The Estee Lauder Companies Inc.
(Exact name of registrant as specified in its charter)
Delaware 11-2408943
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
767 Fifth Avenue, New York, New York 10153
(Address of principal executive offices) (Zip Code)
Commission File Number: 1-14064
212-572-4200
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure
On July 5, 2005, The Estee Lauder Companies Inc. issued a press
release announcing that it plans to repatriate approximately $690 million of
foreign earnings in fiscal year 2006, which includes $500 million of
extraordinary intercompany dividends under the provisions of the American Jobs
Creation Act of 2004 (AJCA). This action will result in an aggregate tax charge
of approximately $35 million in the Company's fiscal year ended June 30, 2005,
which includes an incremental tax charge of approximately $28 million, or $.12
per diluted share. The repatriated funds will be reinvested in the U.S. under a
domestic reinvestment plan in accordance with the provisions of the AJCA. The
press release is furnished as Exhibit 99.1 hereto and incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
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99.1 Press Release of The Estee Lauder Companies Inc: Estee Lauder
Companies to Repatriate Foreign Earnings
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
THE ESTEE LAUDER COMPANIES INC.
Date: July 6, 2005 By: /s/ Richard W. Kunes
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Richard W. Kunes
Executive Vice President and
Chief Financial Officer
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THE ESTEE LAUDER COMPANIES INC.
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release of The Estee Lauder Companies Inc: Estee Lauder
Companies to Repatriate Foreign Earnings
4