ITEM 2.02 Results of Operations and Financial Condition.

On February 5, 2009, The Estée Lauder Companies Inc. (the "Company") issued a press release announcing its financial results for the fiscal quarter and six months ended December 31, 2008. The release also includes the Company's estimates related to its fiscal 2009 third quarter and full year net sales and diluted net earnings per common share. A copy of the press release is attached hereto as Exhibit 99.1 and, except for the section "Four-Year Strategy," is incorporated herein by reference.

ITEM 2.05 Costs Associated with Exit or Disposal Activities.

The Company's press release referred to in Item 2.02 above included an announcement of the implementation of various costs savings programs. The programs are expected to include a number of initiatives to resize and reorganize the Company to achieve long-term profitable growth. The Company anticipates this multi-faceted initiative to result in projected one-time restructuring and other special charges between $350 million and $450 million as it is implemented over the next few fiscal years.

The Company's analysis is preliminary and therefore is subject to change. The Company will announce further details as initiatives are finalized. At this time, the Company is not able, in good faith, to make a determination of the estimated amount or range of amounts to be incurred for each major type of cost nor the charges and future cash expenditures associated therewith. The Company will file an amendment to this report upon the determination of such amounts.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

99.1 Press release dated February 5, 2009 of The Estée Lauder Companies Inc.

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