Estee Lauder Companies Inc at Sanford C Bernstein Strategic Decisions Conference Transcript
Let's get started to maximize our time. Good morning. Welcome to the second session of the 35th Annual Strategic Decisions Conference here at Bernstein. I hope you're all ready for a great week, lots of companies, lots of information, hope it'll be up helpful. I'm Ali Dibadj, Bernstein's U.S. household, personal products and U.S. beverages and snacks analyst, and we're very, very pleased to have with us Fabrizio Freda, the CEO of Estée Lauder. Thank you very, very much for being here.
As you probably now, Fabrizio has led an incredible transformation for the past roughly 10 years now at the Estée Lauder Companies, growing top line and bottom line better than anybody else in my coverage by a long shot and consistently doing that driven by innovation, driven by M&A, driven by investments and cost savings to drive those investments, China, emerging market expansion, et cetera.
The question -- really the singular question, although I have about 40 of them, but the singular question people
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