Estee Lauder Companies Inc at UBS Global Consumer and Retail Conference Transcript
Well, good morning, everyone, and welcome to the UBS Global Consumer & Retail Conference here in New York City. My name is Peter Grom. I'm the U.S. Beverages and Household Analyst here at UBS and we are very excited to have joining us this morning as our keynote, Fabrizio Freda, President and Chief Executive Officer of Estée Lauder. So Fabrizio has been the CEO for more than 13.5 years. And during that time, Estée Lauder has transformed into a company with industry-leading organic revenue growth, best-in-class margins and are really 1 of the best, if not the best, are most attractive growth stories in all global beauty.
Despite a strong track record and the likelihood that we're going to return to growth here, there's been a significant amount of volatility in the industry that has impacted both Estée Lauder and just beauty growth more broadly.
Before we start in Q&A, I am required to read a legal disclaimer. As a research analyst, I'm required to provide certain disclosures
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