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Stephanie Link: EL reports 40 percent EPS growth and $1 billion Asia Pacific sales
Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights that EL posted 40 percent EPS growth and a 5 percent increase in net sales, with gross margin up 140 basis points year over year.
She also notes $1 billion in sales in Asia Pacific and growth in China, as well as raised estimates, with the Beauty Reimagined strategy cited as taking hold.
Link has also tracked company earnings in recent coverage. She reported that Starbucks saw stronger than expected sales and margin gains in both U.S. and international markets. Earlier, she noted Power's AI-driven growth, with a backlog up 37% year over year. These updates follow her latest focus on EL’s results.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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