U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.6% on Tuesday.The Dow traded up 0.13% to 44,481.08 while the NASDAQ gained 1.18% to 19,620.50. The S&P 500 also rose, gaining, 0.58% to 6,029.54.Check This Out: Jim Cramer: AutoZone Is A ‘Great’ Stock, Recommends Buying This Energy StockLeading and Lagging SectorsEnergy shares surged by 1.9% on Monday.In trading on Monday, utilities shares fell by 0.9%.Top HeadlineU.S. factory orders fell by 0.9% from the previous month t ...

Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that includes slashing up to 7,000 jobs as the company grapples with persistent demand weakness — sending its shares spiraling nearly 20%.The Manhattan-based company, founded and controlled by New York’s Lauder family, said it will cut about 10% of its workforce as part of the expanded turnaround plan under new CEO Stéphane de La Faverie, who took over on Jan. 1.The company now expects third-quarter profit to come well ...

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 December 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. ...

Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce.  The cosmetics company said it will eliminate a net of 5,800 to 7,000 roles as it unveiled an updated "profit recovery and growth plan" and released its second-quarter financial results on Tuesday.The number of affected positions, up from the up to 3,000 positions it detailed last year, "takes into account the elimination of positions after retraining and redeployment of certain employees in select areas," Est ...

The Estee Lauder Companies Inc.’s (EL) shares plunged 5.7% in the pre-market session on Tuesday after reporting second-quarter fiscal 2025 results. The company's top and bottom lines declined year over year amid persistent challenges across China and travel retail. Due to challenges across its Asia travel retail business, weak consumer sentiment in China and Korea, and ongoing global geopolitical uncertainty, the company expects continued volatility and limited visibility in the near term. As a result, the ...

Key TakeawaysEstée Lauder reported a surprise loss and warned about current-quarter results as sales declined.The cosmetics company was especially impacted by slowing demand in China and the rest of the Asia-Pacific region.Estée Lauder announced a restructuring, making changes in the executive suite and planning to cut 5,800 to 7,000 jobs. Estée Lauder (EL) shares tumbled 17% Tuesday to lead S&P 500 decliners as the beauty products maker reported a surprise quarterly loss and weak guidance, and announced it ...

Core Insights - Estée Lauder reported fiscal 2025 Q2 earnings that exceeded analysts' expectations, with an adjusted EPS of $0.62 compared to the anticipated $0.32, representing a 93.8% outperformance [2][7] - Revenue for the quarter was $4 billion, slightly above the expected $3.977 billion, but down 6.4% year-over-year from $4.279 billion [2][7] - The company faced significant challenges in the Asia travel retail sector and subdued markets like China and Korea, impacting overall performance [3][11] Financial Performance - Adjusted EPS for Q2 2025 was $0.62, exceeding the estimate of $0.32, but down 29% from $0.88 in Q2 2024 [4] - Revenue was reported at $4.004 billion, slightly above the estimate of $3.977 billion, but down 6.4% from the previous year's $4.279 billion [4] - Adjusted operating margin decreased to 11.5% from 13.5% year-over-year, while gross margin improved to 76.1%, up 3.1 percentage points from 73.0% [4] Market Challenges - The skincare segment experienced a 12% decline in sales and a 26% drop in operating income, with double-digit declines noted in key regions such as China and travel retail [8] - The makeup segment saw a marginal decrease in sales, but significant impairments of $258 million affected overall profits [8] - The company reduced its dividend from $0.66 to $0.35 per share to maintain financial flexibility amid ongoing market pressures [10] Strategic Initiatives - Estée Lauder is focusing on restructuring and cost-cutting through its "Beauty Reimagined" initiative, aiming to strengthen its global market position and address operational challenges [6] - The company plans to expand its Profit Recovery and Growth Plan, targeting efficiency gains and a leaner business model by fiscal 2027 [12] - New product launches, including MAC's MACximal Sleek Satin Lipstick and Estée Lauder's Re-Nutriv expansion, are part of the strategy to enhance brand positioning [9] Future Outlook - For Q3, Estée Lauder anticipates a net sales decline of 10% to 12%, with adjusted EPS expected between $0.20 and $0.30, reflecting ongoing pressures from reduced consumer sentiment [11] - Successful execution of the "Beauty Reimagined" strategy and innovative product lines will be crucial for overcoming current challenges and driving future growth [12]

For the quarter ended December 2024, Estee Lauder (EL) reported revenue of $4 billion, down 6.4% over the same period last year. EPS came in at $0.62, compared to $0.88 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.98 billion, representing a surprise of +0.72%. The company delivered an EPS surprise of +93.75%, with the consensus EPS estimate being $0.32.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

Estee Lauder Companies Inc EL shares traded lower in premarket on Tuesday after the company reported second-quarter results.The company reported a second-quarter sales decline of 6% year-on-year to $4 billion, beating the analyst consensus estimate of $3.97 billion. Organic net sales decreased 6%.Net sales in the Americas dropped 2%. Sales in Europe, Middle East & Africa declined 6%, and Asia/Pacific plunged 11%. Net sales from Skin Care plunged 12%, Makeup decreased 1%, Fragrance grew 1%, and Hair Care dec ...

Group 1 - Estee Lauder reported quarterly earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, but down from $0.88 per share a year ago, representing an earnings surprise of 93.75% [1] - The company posted revenues of $4 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.72%, but down from $4.28 billion year-over-year [2] - Estee Lauder shares have increased approximately 10.4% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.65 on revenues of $3.75 billion, and for the current fiscal year, it is $1.49 on revenues of $14.84 billion [7] - The Zacks Industry Rank indicates that the Cosmetics industry is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]