The Estee Lauder Companies Inc Class A

EL: XNYS (USA)
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Estee Lauder Earnings: Sales and Margin Gains Signal Prudence in Strategic Course; Shares Attractive

Estee Lauder reported 2% organic sales growth, but it was lapping a 10% drop a year ago. Efforts to extract inefficiencies drove the adjusted operating margin up to 15%, 360 basis points above last year. Shares shot up 5% on the print.

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