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0 0 0.00037643515904378 0.00037643515904378 -0.0024468285337851 -0.00367024280067759 -0.00357613401091671 -0.00367024280067759
Stock impact report

Estee Lauder (EL) on Track With Profit Recovery Amid Hurdles [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
The company boasts a strong online business. This beauty company's Profit Recovery Plan shows encouraging prospects. However, Estee Lauder continues to operate in a challenging macroeconomic environment. Let's discuss this in detail. Solid Presence in Emerging Markets Estee Lauder has a strong presence in emerging markets, where demand appears to be growing. It generates significant revenues from emerging markets like Thailand, India, Russia and Brazil, which encourages it to make distributional, digital and marketing investments in these countries. The company has also been building infrastructure across emerging regions that help in generating continued growth. As a result, the company is well insulated from macroeconomic headwinds in developed nations. In its last earnings call, management highlighted that strong double-digit growth in Mexico, Brazil and India during third-quarter fiscal 2024 boosted performance in emerging markets year to date. Image Source: Zacks Invest Show less Read more
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