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Stephanie Link: EL reports higher sales and margins as Beauty Reimagined strategy gains traction

Stephanie Link: EL reports higher sales and margins as Beauty Reimagined strategy gains traction
EL sales and margins rise with strategy

EL reported a 6 percent increase in organic sales and a 480 basis point year-over-year improvement in operating margins, reaching 12.1 percent. Gross margins also rose by 245 basis points over the same period.

Stephanie Link, managing director and portfolio manager at Hightower Advisors, described these results as EL having 'its groove back' with the Beauty Reimagined strategy starting to show results.

Stephanie Link has tracked recent sector activity, noting that XLK fell 7% while energy, staples, and healthcare sectors posted gains. She also reported on SpaceX securing 800 MHz spectrum for Starlink Mobile. These updates provide context for her latest comments on EL's improving performance.

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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