The Estee Lauder Companies Inc Class A
EL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$799.00 | Mpm | Vtxqycvtf |
Estee Lauder: Company Veteran to Assume CFO Role as Profit Recovery Plan Is Underway
We plan to maintain our $210 fair value estimate and our Standard Capital Allocation Rating for wide-moat Estee Lauder following the announcement that the company has promoted Corporate Controller Akhil Shrivastava to CFO, effective November. The outgoing CFO, Tracey Travis, will remain a senior advisor until her retirement in June 2025. As the two executives have worked together in the finance department for the past nine years, we expect a smooth transition of responsibilities in the coming months.