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logoMorningstarMarch 29, 2024

The Estée Lauder Companies Inc.: Temporary Travel Retail Woes Should Not Derail Estee Lauder’s Long-Term Beauty Prospects

Symbols
EL
Sector(s)
Consumer Defensive
Rating
Current Price
$147.45
Fair Value
Economic Moat
Stewardship
Summary

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (52% of 2023 sales), makeup (28%), fragrance (16%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 28% of revenue from the Americas, 39% from Europe, the Middle East and Africa (including travel retail), and 33% from Asia-Pacific. Estee Lauder sells

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