With a market cap of $23.1 billion, The Estée Lauder Companies Inc. (EL) is a global leader in manufacturing and marketing premium skin care, makeup, fragrance, and hair care products, offering brands like Estée Lauder, Clinique, M·A·C, and La Mer. Based in New York, the company sells its products through department stores, specialty retailers, e-commerce platforms, and travel retail locations worldwide.
Shares of the beauty products company have significantly underperformed the broader market over the past 52 weeks. EL has dropped 56.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 22.8%. On a YTD basis, shares of EL are down 14.3%, compared to SPX’s 3.4% increase.
