NYSE:ELPersonal Products
Estée Lauder Companies (NYSE:EL) Sees 19% Price Surge Over Last Month
Estée Lauder Companies (NYSE:EL) announced a decline in its third-quarter performance with sales down to USD 3,550 million from USD 3,940 million, and net income reduced to USD 159 million. Despite this, the company's stock rose 19% over the past month, significantly outperforming the broader market's 4% rise. Positive sentiments from a dividend affirmation and executive changes, such as the appointment of Brian Franz as Chief Technology, Data & Analytics Officer, might have bolstered...