Thesis
In this article, I have considered the Q2 2019 performance of Estee Lauder Companies (EL), for its different products and geographical segments. I have also compared EL with a peer company namely Revlon (REV). This comparison is based on various metrics, including dividends and earnings profile, valuation, and debt-to-equity ratio. Finally, I have also included a technical analysis of the company to consider a suitable price target for the medium-to-long term.
Figure-1 (Source: BusinessOfFashion)
Q2 2019 performance review and way forward
EL has geographically dispersed operations (Figure-2) that enable