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The Estee Lauder Companies (EL) Emerging Market Presence Strong
ELEstée Lauder(EL) Zacks Investment Research·2024-01-11 17:48

The Estee Lauder Companies Inc. (EL) has a strong presence in emerging markets, which insulates it from the macroeconomic headwinds in the matured markets. The beauty company boasts a strong online business. Management is on track with the profit recovery plan to rebuild its profit margins for the future. However, the company is not immune to incremental external headwinds.Let’s delve deeper.Solid Emerging Market PresenceThe Estee Lauder Companies generates major revenues from emerging markets, which encour ...