NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against The Estee Lauder Companies Inc. (NYSE: EL) on behalf of long-term stockholders following a class action complaint that was filed against Estee on December 7, 2023 with a Class Period from August 18, 2022 to May 2, 2023. Our investigation concerns whether the board of directors of Estee have breached their fiduciary duties to the company. As a ...

An S&P 500 index fund, for example, will aim to offer returns similar to the index itself, which encompasses 500 of America's biggest companies. For many individual investors, the best way to build wealth over the long run is with one or more simple, lowfee index funds, which can be all we need to build secure financial futures. But if you want to aim for above-average returns, you might add some individual stocks to your mix. (The Motley Fool recommends spreading your money across 25 or more, for diversifi ...

The Estee Lauder Companies Inc. (EL) is benefiting from the implementation of the Profit Recovery Plan and its strong presence in emerging markets where demand is growing. EL continues to operate in a challenging macroeconomic environment and geopolitical tensions across certain parts of the world. Vital Farms Inc. (VITL) offers a range of produced pasture-raised foods. It currently sports a Zacks Rank #1 (Strong Buy). VITL has a trailing four-quarter average earnings surprise of 102.1%. You can see the com ...

Baloncici My original thesis on buying The Estée Lauder Companies (NYSE:EL) was a variant of the dogs of the Dow theory, though they are not one of the 30 stocks in the Dow Jones index. In 2023, Estée Lauder lost 40% of its market value, coming off a poor 2022. That price movement alone is obviously not a reason to buy or sell a company, but it was a filter to assess whether a company's stock might be selling at a discount. I like buying companies that have durable competitive advantages that are discounted ...

The Estee Lauder Companies Inc. (EL) announced the completion of its acquisition of DECIEM Beauty Group Inc. ("DECIEM"), a vertically integrated, multi-brand company based in Canada. The final phase of the acquisition was completed on May 31, 2024, using cash on hand for an estimated $860 million. The total investment across three stages amounted to approximately $1.7 billion, net of cash, subject to post-closing adjustments. DECIEM, known as "The Abnormal Beauty Company," is renowned for its dedication to ...

The Estee Lauder Companies Inc. (EL) is reaping benefits from the implementation of a Profit Recovery Plan and robust presence in emerging markets where demand is growing. The company's strategic initiatives, including innovation pipeline optimization and AI integration, are aimed to bolster profitability. However, challenges such as softness in mainland China and geopolitical tensions are risks. Let's delve deeper. Rebuilding Profitability Estee Lauder commenced the implementation of its Profit Recovery Pl ...

Have you assessed how the international operations of Estee Lauder (EL) performed in the quarter ended March 2024? For this beauty products company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must unde ...

Key TakeawaysEstee Lauder reported fiscal third-quarter profit and revenue that beat estimates, but lowered its revenue guidance, warning of ongoing macroeconomic pressures, including in China.The beauty products maker projected 2024 sales will be down 2% to 3%, versus its earlier outlook of a 1% drop to a 1% gain.Shares fell in intraday trading Wednesday following the earnings release, sending them into negative territory for 2024. Estee Lauder (EL) shares dropped over 14% in intraday trading Wednesday aft ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-14064 The Estée Lauder Companies Inc. (Ex ...

The Estee Lauder Companies Inc. (EL) reported third-quarter fiscal 2024 results, with the top and the bottom line increasing year over year. Quarterly net sales and earnings surpassed the Zacks Consensus Estimate. Asia travel retail experienced a return to organic sales growth, as developed and emerging markets across Asia/Pacific, Europe, the Middle East & Africa (EMEA) and Latin America further contributed to the positive performance.Considering macroeconomic challenges — including softness in overall pre ...