The Estee Lauder Companies Inc Class A

EL: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Estee Lauder Earnings: Innovation, Digital Push, and Better China Demand Lift Sales; Shares Cheap

Estee Lauder's first-quarter sales rose 4% led by China (up 9%). Adjusted operating profits grew 77% as margins widened 300 basis points to 7.3% on favorable sales mix and cost savings.

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