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Estee Lauder Targets Fiscal 2030 Adjusted Operating Margin of 16.5%-18.5%

Estee Lauder said it aims to raise adjusted operating margin by as much as 5.6 percentage points over the next three years as its turnaround advances.

EL

Estee Lauder NYSE:EL said on Wednesday it aims to lift its adjusted operating margin by as much as 5.6 percentage points over the next three years, as the cosmetics maker builds on progress in its turnaround.The company is targeting an adjusted operating margin of 16.5% to 18.5% in fiscal 2030, com…

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