Estee Lauder's (EL) Profit Recovery on Track Despite Hurdles
ELEstée Lauder(EL) zacks.com·2024-05-23 02:06

The Estee Lauder Companies Inc. (EL) is reaping benefits from the implementation of a Profit Recovery Plan and robust presence in emerging markets where demand is growing. The company's strategic initiatives, including innovation pipeline optimization and AI integration, are aimed to bolster profitability.However, challenges such as softness in mainland China and geopolitical tensions are risks. Let’s delve deeper.Rebuilding ProfitabilityEstee Lauder commenced the implementation of its Profit Recovery Plan ...