Morningstar is beginning credit coverage of Estee Lauder with an A rating, revealing the company's tapered fiscal moat, important brands, and robust credit ratings.

Estee Lauder is a foremost worldwide maker and vendor of skin-care, makeup, fragrance, and hair-care products.

One of the world's leading beauty products manufacturers, Estee Lauder has delighted investors and analysts by posting the profits for its fiscal first-quarter which reveal figures which have more than doubled as compared to those posted for the same period last year. High overseas sales have helped the firm surpass its own earnings forecast by a large margin.

Estee Lauder Cos. Inc., the beauty-products maker, said Friday that its profit for the first-quarter would be much higher than forecast earlier owing to better-than-expected sales.