Estee Lauder stock soars as CEO calls 'inflection level' — why we remain guarded

Estee Lauder stock soars as CEO calls 'inflection level' — why we remain guarded


A gross sales assistant arranges lipsticks at an Estee Lauder retailer.

Qilai Shen | Bloomberg | Getty Images

Shares of Estee Lauder popped greater than 13% Monday after the cosmetics firm delivered better-than-expected outcomes for its fiscal second quarter. More vital in driving the market motion, nonetheless, was CEO Fabrizio Freda’s remark that “we are, encouragingly, at an inflection level.”



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