SEOUL, SOUTH KOREA - February 01: Singer and actress IU attends Estée Lauder Korea 'Double Wear ... [+] Square' pop-up event at Plantlance Seongsu in Seongdong-gu on February 01, 2024 in Seoul, South Korea. (Photo by The Chosunilbo JNS/Imazins via Getty Images)ImaZins via Getty ImagesEstée Lauder (NYSE: EL) reported upbeat Q2’24 results last month (the fiscal year ends in June). The company’s revenues stood at $4.3 billion and earnings came in at $0.88, well above the consensus estimates of $4.2 billion, an ...

A month has gone by since the last earnings report for Estee Lauder (EL) . Shares have added about 0.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Estee Lauder due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Estee Lauder Cuts FY24 Profit View Despite Q2 Earni ...

The Estee Lauder Companies Inc. (EL) is benefiting from a strong presence in emerging markets, where demand appears to be growing. The beauty company has a strong online business, which is proving to be a major growth driver. The company continues to operate in a challenging macroeconomic environment. Yet, management is on track to operationalize the Profit Recovery Plan.Let’s discuss this in detail.Solid Emerging Market PresenceThe Estee Lauder Companies generates significant revenues from emerging markets ...

NEW YORK--(BUSINESS WIRE)--Fabrizio Freda, President and Chief Executive Officer, and Jane Hertzmark Hudis, Executive Group President, of The Estée Lauder Companies Inc. (NYSE: EL) will participate in the UBS Global Consumer and Retail Conference in New York on Thursday, March 14, 2024, at 9:00 a.m. ET. Interested parties can access the live webcast of the fireside chat on Thursday, March 14th from 9:00 a.m. – 9:45 a.m. ET at http://www.elcompanies.com/investors. The webcast will be archived on the site. ...

"When I started at Balmain, I was dreaming about BALMAIN BEAUTY from the beginning," said Olivier Rousteing, Creative Director, Balmain. "Beauty has always been part of my life. It's the beginning of a new era and a new chapter we are all writing together." In September 2022, The Estée Lauder Companies Inc. (NYSE: EL) and Balmain announced a license agreement to collaboratively develop, produce, and distribute an innovative line of beauty products set to transform the luxury and beauty world. The BALMAIN BE ...

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today announced the offering and pricing of $650.0 million aggregate principal amount of its 5.000% Senior Notes due 2034. The offering was made pursuant to an effective registration statement filed by The Estée Lauder Companies Inc. with the Securities and Exchange Commission on May 20, 2021. The closing of the offering is expected to occur on or about February 14, 2024. The Company intends to use the net proceeds of this offering for ...

As consumers increasingly expect brands to meet them where they are, be it online or in person, Estée Lauder is seeing rising demand for digital availability.Tracey Travis, the cosmetics company’s executive vice president and chief financial officer, noted on a call with analysts Monday (Feb. 5) discussing the brand’s second quarter fiscal 2024 financial results that, in North America, it saw a “softer performance” via digital channels, as it did in China. However, the beauty brand’s President and CEO Fabri ...

Estée Lauder Companies Inc. (NYSE:EL) Q2 2024 Earnings Conference Call February 5, 2024 9:30 AM ET Company Participants Fabrizio Freda - President, Chief Executive Officer Tracey Travis - Executive Vice President, Chief Financial Officer Rainey Mancini - Senior Vice President, Investor Relations Conference Call Participants Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Olivia Tong - Raymond James Oliver Chen - TD Cowen Dana Telsey - Telsey Advisory Group Steve Powers - Deutsche Bank Laure ...

The Estee Lauder Companies Inc. (EL) reported second-quarter fiscal 2024 results, with the top and the bottom line declining year over year. Quarterly net sales and earnings surpassed the Zacks Consensus Estimate.Quarterly results were hurt by softness in the Asia travel retail and the prestige beauty across mainland China. Also, disruptions in Israel and other parts of the Middle East remained a concern. Taking into account global macroeconomic volatility, management narrowed its fiscal 2024 net sales rang ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...