What A Difference A Quarter Can Make: Estee Lauder Companies’ Q3 Results
From record organic growth to a 9% decline, The Estee Lauder Companies’ fiscal performance over the past two quarters illustrates sharply the devastating and largely unanticipated impact of the COVID-19 pandemic, even for firms best-positioned to ride it out.
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Lauder’s business has been thrashed by COVID-19, but the firm is encouraged that its biggest growth drivers before the crisis are the same ones carrying it through.
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