
"EL: Luxury beauty leader facing challenges, but "Beauty Reimagined" strategy aims for sales growth & double-digit margins. Asia (30% sales) rebound could boost. PRGP targets $800M-$1B annual savings by 2027. Risks: Asia weakness, PRGP execution, debt. Trading at 25x forward earnings vs 35x 5-year avg. 100%+ return potential if turnaround succeeds."
$EL Quick Pitch
Chop Wood, Carry Water
February 25, 2025
Stock Idea