Estee Lauder's (EL) Online & Emerging Market Sales Aid Growth
Estée Lauder(EL) Zacks Investment Research·2024-03-05 18:36
The Estee Lauder Companies Inc. (EL) is benefiting from a strong presence in emerging markets, where demand appears to be growing. The beauty company has a strong online business, which is proving to be a major growth driver. The company continues to operate in a challenging macroeconomic environment. Yet, management is on track to operationalize the Profit Recovery Plan.Let’s discuss this in detail.Solid Emerging Market PresenceThe Estee Lauder Companies generates significant revenues from emerging markets ...