LAUDER ESTEE COS INC shareholders Q3 2023

About LAUDER ESTEE COS INC

Estée Lauder Companies Inc. is a multinational manufacturer and marketer of prestige skincare, makeup, fragrance, and hair care products. The company was founded in 1946 by Estée Lauder and her husband Joseph Lauder. Today, the company is headquartered in New York City and has a presence in over 150 countries.

Estée Lauder Companies Inc. has a diverse portfolio of brands, including Estée Lauder, Clinique, MAC, Bobbi Brown, La Mer, and Aveda. The company's products are sold through a variety of channels, including department stores, specialty retailers, and e-commerce websites.

In recent years, Estée Lauder Companies Inc. has seen strong growth in its skincare and makeup categories. The company has invested heavily in research and development to create innovative products that meet the evolving needs of consumers. Additionally, the company has expanded its presence in emerging markets, such as China and India, which has helped to drive growth.

Despite the challenges posed by the COVID-19 pandemic, Estée Lauder Companies Inc. has remained resilient. The company has adapted to the changing retail landscape by investing in e-commerce and digital marketing. Additionally, the company has taken steps to reduce costs and improve efficiency, which has helped to mitigate the impact of the pandemic on its business.

Overall, Estée Lauder Companies Inc. is a well-managed company with a strong portfolio of brands and a track record of innovation. While the company faces challenges in the current environment, its long-term prospects remain bright.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.