Estee Lauder CFO Says Full Year Operating Margin Outlook Remains Unchanged And Is Expected To Be Between 9%-9.5%
Portfolio Pulse from Benzinga Newsdesk
Estee Lauder's CFO announced during a conference call that the company's full-year operating margin outlook remains unchanged, expected to be between 9%-9.5%.

February 05, 2024 | 3:06 pm
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Estee Lauder maintains its full-year operating margin forecast at 9%-9.5%, as confirmed by the CFO.
Maintaining a stable operating margin outlook, especially in the higher single-digit range, is generally viewed positively by investors as it indicates operational efficiency and control over costs. This announcement could reassure investors about Estee Lauder's financial health and operational stability, potentially leading to a positive short-term impact on the stock price.
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