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Estée Lauder's CEO says the company aims for big growth by 2030 after raising its 2027 sales and profit goals.

ResultsRead the original at Benzinga
Good for EL

Estée Lauder beat first-quarter estimates, raised its 2027 sales and profit forecasts, and set higher goals for 2030. Those goals remain unproven and analysts still have a Hold consensus, but the recent results and raised forecast support a favorable reading.

EL · Estée Lauder Companies Inc.

AI read · Good for EL

The AI's read

The plans point to higher sales, profits, and cash generation if the company delivers them. Cost cuts and simpler operations are meant to help. The 2030 profit-from-sales goal is well above its 2027 forecast, so reaching it will take progress. The first-quarter beat and raised 2027 forecast support a favorable read, even with analysts still at Hold.

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