Estée Lauder and Walgreens Boots Alliance: Financial expert reveals potential of fallen angels.

Estée Lauder and Walgreens Boots Alliance: Financial expert reveals potential of fallen angels.

According to a report by www.aktienwelt360.de, the stock market is facing the possibility of a major turnaround for two companies dubbed “fallen angels.” Estée Lauder and Walgreens Boots Alliance have the potential for a strong recovery and are therefore of interest to investors.

Esteé Lauder: A Potential Fallen Angel?
Esteé Lauder is an established name in the cosmetics industry, but the company is facing various challenges, including the impact of the COVID-19 pandemic and changes in consumer purchasing behavior. The weak business in China in particular has led to a drastic decline in share prices. The latest quarterly figures show a 10% decline in sales and a 94% drop in profits. Nevertheless, Esteé Lauder is working on a concrete plan to restore profitability and hopes for a return to previous strength in the 2025 and 2026 financial years.

Walgreens Boots Alliance
The second-largest pharmacy chain in the U.S., Walgreens Boots Alliance, is also struggling with challenges, including competitive pressures, changes in the healthcare sector and the impact of online retail giant Amazon. Although sales increased, the company posted an operating loss of $4.8 billion in fiscal 2023. Still, Walgreens Boots Alliance has taken steps to compensate for the lack of COVID-19 revenue and keep growing online competition in check. A new CEO was also announced, which could provide an indication of the company's future strategic direction.

The potential turnarounds of these two companies could have an impact on the market by restoring investor confidence and potentially attracting new investment. A successful recovery by Estée Lauder and Walgreens Boots Alliance could boost confidence in the market and provide positive momentum for the financial industry.