Core Viewpoint - Estée Lauder reported stronger-than-expected quarterly results, but a disappointing full-year guidance led to a nearly 15% drop in stock price during pre-market trading [1] Group 1: Quarterly Performance - For the fourth fiscal quarter ending June 30, net sales reached $3.41 billion, exceeding market expectations of $3.4 billion [1] - Adjusted earnings per share were $0.09, surpassing analyst predictions of $0.073 [1] Group 2: Full-Year Guidance - The company projected adjusted earnings per share for fiscal year 2026 to be between $1.90 and $2.10, below the analyst average estimate of $2.21 [4] - Organic net sales growth for fiscal year 2026 is expected to be between 0% and 3%, slightly above the market expectation of 1.94% [3] Group 3: Challenges and Strategic Changes - The company anticipates a $100 million impact on profitability due to tariff-related headwinds, primarily from comprehensive tariffs imposed by the U.S. government [4] - Estée Lauder is working to reduce reliance on duty-free shops in China and South Korea, which previously contributed up to one-third of revenue [4] - Under new CEO Stéphane de La Faverie, the company is implementing cost-cutting measures and increasing sales efforts on platforms like Amazon and TikTok, moving away from traditional department store reliance [5]

雅诗兰黛8月20日公布截至6月30日的2025财年财报显示，净销售额143.26亿美元，同比减少8%，净亏 损11.33亿美元，调整后每股亏损3.15美元。 来源：智通财经 ...

此外，雅诗兰黛预计2026财年营收146.9亿美元，预测经调整后每股收益增长26-39%；预计2026年有机 净销售额增长0%-3%，市场预估增长1.94%。 格隆汇8月20日｜雅诗兰黛(EL.US)盘前跳水，一度大跌逾15%至76.1美元。消息面上， 雅诗兰黛第四财 季净销售额34.1亿美元，预估34亿美元；经调整后每股收益9美分，预估7.3美分。 雅诗兰黛2025财年营业收入143.26亿美元，同比下降8%；营业利润率从上一年的6.2%降至5.5%。2025 财年，每股普通股摊薄净(亏损)收益降至净亏损3.15美元，而前一年的净收益为1.08美元；调整后的稀 释每股普通股净收益降至1.51美元，而之前为2.59美元。 ...

Estée Lauder expects sales to increase this year, an early sign that the new chief executive’s turnaround plans are starting to work https://t.co/3uC1NEPgBN ...

雅诗兰黛(EL.US)盘前跌4.66%。消息上，雅诗兰黛公司将于8月20日(今日)开盘前发布第四季度的财 报。分析师预计这家总部位于纽约的公司本季度每股收益为9美分，低于去年同期的64美分。雅诗兰黛 预计本季度收入为34亿美元，而去年同期为38.7亿美元。 | EL 雅诗兰黛 | | | | --- | --- | --- | | 89.870 + -0.870 -0.96% | | 收盘价 08/19 15:59 美东 | | 85.680 ↓ -4.190 -4.66% | | 盘前价 08/20 04:57 美东 | | 三 % 24 华 S 导 员 ♥ 自选 | | ● 快捷交易 | | 最高价 91.610 开盘价 91.580 | | 成交量 646.09万 | | 最低价 89.590 昨收价 90.740 | | 成交额 5.83亿 | | 平均价 90.290 市盈率TTM 亏损 | | 总市值 323.31亿 … | | 市盈率(静) 83.21 振 幅 2.23% | | 总股本 3.6亿 | | 市净率 7.440 换手率 2.77% | | 流通值 209.44亿 | | 52周最高 ...

Group 1 - Japan's July import and export data, along with June's core machinery orders, are scheduled for release [1] - China's August one-year and five-year loan market quoted rates will be announced [1] - The State Council Information Office will hold a press conference regarding the preparations for the military parade [1] Group 2 - New Zealand's central bank will announce its official cash rate and hold a monetary policy press conference [1] - The UK will release its July Consumer Price Index (CPI) [1] - The Eurozone's final July CPI will be published [1] Group 3 - Major companies including Baidu, iQIYI, and Kingsoft Cloud are set to release their earnings reports after the Hong Kong stock market closes [1] - U.S. companies such as Lowe's, Target, and Estée Lauder will report their earnings before the market opens [1] - The U.S. Energy Information Administration will release its weekly crude oil inventory report [1] Group 4 - The Federal Reserve will publish the minutes from the July FOMC monetary policy meeting [1] - The President of the Atlanta Federal Reserve will discuss economic outlook [1] - Google will hold a press conference to launch new Pixel brand hardware [1]

Earnings Season Overview - The second quarter earnings season has been successful with more beats and raises than misses, particularly led by the Mag 7 stocks [1] - Nvidia's upcoming report is highly anticipated [1] Retail Sector Focus - This week's focus is on major retailers to assess price increases, inflation, tariff impacts, and consumer behavior [2][3] - Key retailers to watch include Walmart (WMT) and Target (TGT), along with home improvement retailers like Home Depot (HD) and Lowe's (LOW) [3] Home Improvement Retailers (Home Depot & Lowe's) - Home Depot (HD) has a strong earnings surprise track record with only one miss in the last five years [4] - Home Depot's earnings have declined in the last couple of years due to housing market conditions and tariffs, with a projected earnings decline of 1.4% to 4%, but a rebound is expected next year [5][6] - Lowe's (LOW) also has a great earnings surprise track record with earnings expected to decline but then recover, projecting a 2.4% to 4% gain this year and another in 2027 [7][8] - Both Home Depot and Lowe's shares haven't significantly declined as a turnaround is expected and priced in [9] General Retailers (Walmart & Target) - Walmart (WMT) has been performing strongly, with shares attempting to break out, and earnings looking better than Home Depot and Lowe's [9][10] - Walmart's valuation is at 38 times earnings, with a strong earnings surprise track record [10] - Target (TGT) is struggling with declining earnings, trading near 5-year lows, and a 15.6% decline expected for this year [12][13] - Both Walmart and Target are being watched for pricing strategies and consumer buying behavior, considering factors like back-to-school shopping and groceries [11][12][14] Specialty Retailer (Estee Lauder) - Estee Lauder (EL) has a strong earnings track record with mostly beats, but earnings have declined, especially due to the struggling Chinese consumer [15] - Estee Lauder's earnings are expected to improve in the next couple of years, but a 42% decline is expected this year [16] - Estee Lauder's forward PE is not cheap at 42 times, even with the share price decline [16] - Tariffs are impacting beauty products, with E.L.F beauty raising prices, and Estee Lauder's response is being monitored [18]

In the meantime, it's time for a power check where we walk you through some of the big stock stories catching our collective eyes. And today, it's three companies reporting their earnings this week. They are internet security company PaloAlto, cosmetics firm Estee Lauder, and river cruise company Vikings.Now, PaloAlto Network's numbers come out Tuesday, Viking Holdings later in the week, and Estee Lauder as well. Joining us now to talk about how you should be trading these names if at all going into the pri ...

Core Insights - Estée Lauder Companies is set to report earnings on August 20, 2025, with a consensus expectation of earnings per share at $0.09 and sales of $3.4 billion, a decline from $0.64 per share and $3.87 billion in the same quarter last year [4] Historical Stock Performance - Over the past five years, Estée Lauder's stock has shown a pattern of negative one-day returns post-earnings, with 70% of instances resulting in a decline, a median drop of -7.3%, and the largest single-day drop being -20.9% [3][7] - In the last five years, there have been 20 recorded earnings data points, with only 6 positive one-day returns, indicating a 30% occurrence rate of positive returns, which drops to 9.1% in the last three years [7] Financial Performance - The company has a market capitalization of $33 billion and generated $15 billion in revenue over the last twelve months, with $1.3 billion in operating profits, but reported a net loss of $871 million during the same period [5] Trading Strategies - Traders may consider pre-earnings positioning based on historical odds and evaluate immediate post-earnings reactions to inform medium-term trading decisions [6][8] - A lower-risk approach involves assessing the correlation between short-term and medium-term returns around earnings, allowing traders to structure trades based on the strongest correlations observed [8]

Core Viewpoint - Foreign beauty companies are focusing on profit recovery and operational efficiency through a series of transformation and restructuring plans from 2023 to 2024, with the common goal of restoring profits as they navigate a challenging market environment [1][4]. Summary by Sections Performance Results - Shiseido's sales in the first half of 2025 fell by 7.6% to 469.83 billion yen, but its core operating profit increased by 21.3% to 23.37 billion yen. L'Oréal's sales reached 22.473 billion euros, a 3% increase, while its operating profit was approximately 4.74 billion euros, up 3.1%, but lower than the previous year's growth of 8%. Estée Lauder's net sales dropped by 10% to 3.55 billion USD, with net profit declining by 52% to 159 million USD, although it turned a profit compared to the previous quarter [2][5]. Measures Taken - The companies have focused on three main strategies: 1. **Cost Control and Operational Efficiency**: Estée Lauder's restructuring plan includes layoffs affecting 1,800 to 3,000 employees, with further cuts of 5,800 to 7,000 jobs planned. L'Oréal has reduced advertising and promotional expenses to 7 billion euros and administrative costs to 4.2 billion euros, reflecting a commitment to cost control [6]. 2. **High-Margin Product Strategy**: Estée Lauder is expanding its high-end fragrance offerings, while L'Oréal has noted stronger growth in high-end brands compared to mid-range brands in the Chinese market [7]. 3. **Innovation and New Revenue Streams**: L'Oréal is implementing a "multi-polar model" to drive growth through technology, local supply chains, and forward-looking investments [8][9]. Market Transition - The shift towards profit recovery indicates a transition from growth-focused strategies to prioritizing profitability due to intensified market competition and shrinking profit margins. Companies like Estée Lauder have initiated profit recovery plans, emphasizing cost structure improvements and reduced high-risk innovations [11][12]. Future Goals - Shiseido aims to restore profitability by 2026, while Estée Lauder targets a return to double-digit profit margins by 2027. L'Oréal remains confident in maintaining high profit margins [14][15]. The companies are also adjusting their strategies to reduce reliance on the Chinese market, which has been a significant source of pressure due to declining sales [16].