Estée Lauder Announces New Financial Targets Through Fiscal Year 2030
EL Estee Lauder Cos. Inc
$113.16 +2.82%
View chart & analysis → - 1Estée Lauder presented new financial targets at a Shanghai investor event.
- 2The company set an adjusted operating margin target of 16.5% to 18.5% through fiscal year 2030.
- 3Net sales in China for the recent fiscal year were $3.1 billion, accounting for approximately 20% of total sales.
So what's the key point?
Estée Lauder has set new targets for its profit margins through 2030. These new goals are important as China sales make up 20% of the total revenue.
Source InvestorsHub +2 · View original ↗
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