Philippe TURPIN Investment Thesis The Estée Lauder Companies Inc. (NYSE:EL) is a global leader in the beauty industry (particularly skincare - one of the higher growth sub categories in the industry) going through a difficult period due to weakness in the Asian retail industry (where there is evidence this is starting to slowly recover), China, and because of operational issues that have led to suboptimal performance. During this difficult period, its stock price has declined around 75%, shifting from being ...

Estee Lauder Companies Inc EL reported upbeat fourth-quarter results, but issued worse-than-expected FY25 EPS outlook on Monday. The company reported sales growth of 7% Y/Y to $3.87 billion, beating the analyst consensus estimate of $3.83 billion. Estee Lauder's operating loss was $233 million, compared to a $5 million loss last year. Adjusted EPS of 64 cents beat the analyst consensus estimate of 27 cents. Estée Lauder announced that President and CEO Fabrizio Freda will retire at the end of FY25. The comp ...

Estee Lauder forecasted annual profit and sales below estimates as the global beauty market struggles with slowing demand mainly in the China market and said CEO Fabrizio Freda was retiring after nearly 16 years at the helm. Freda, 66, who is retiring in June, was named the CEO in 2009 and was responsible for expanding the company's skincare portfolio with the addition of brands such as Dr. Jart and The Ordinary owner Deciem. He also steered the company through pandemic-induced supply chain snags when Estee ...

The Estée Lauder Companies Inc. (NYSE:EL) Q4 2024 Earnings Call Transcript August 19, 2024 9:30 AM ET Company Participants Rainey Mancini - SVP of IR Fabrizio Freda - President and CEO Tracey Travis - EVP and CFO Conference Call Participants Steve Powers - Deutsche Bank Bryan Spillane - Bank of America Lauren Lieberman - Barclays Filippo Falorni - Citi Dana Telsey - Telsey Group Peter Grom - UBS Rupesh Parikh - Oppenheimer Operator Good day, everyone, and welcome to The Estee Lauder Companies Fiscal 2024 Fo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 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. (Exact name of registrant as specified in its charter) Delaware 11-2408943 (State or other jurisdicti ...

Key Takeaways Estee Lauder ended its fiscal 2024 with mixed results as it faced a drop in demand in China and North America while skin care product sales jumped. The beauty products maker posted a surprise quarterly loss, but adjusted earnings and revenue exceeded forecasts. Estee Lauder said CEO Fabrizio Freda will be retiring at the end of fiscal 2025. Estee Lauder (EL) shares edged higher in intraday trading Monday after the beauty products maker ended a tough fiscal 2024 by posting mostly better-than-ex ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

The Estee Lauder Companies Inc. (EL) reported fourth-quarter fiscal 2024 results, wherein the top and bottom lines increased year over year and beat the respective Zacks Consensus Estimate even amid a tough landscape. For fiscal 2025, management expects continued sluggishness in the prestige beauty segment in China, mainly due to ongoing weak consumer sentiment. In other areas of the business, the company plans to deliver improved performance across both developed and emerging markets. Quarter in Detail The ...

Shares of Estee Lauder Companies Inc (NYSE:EL) are brushing off a second-quarter results beat, down 1.3% at $93.73 at last glance, though paring sharper premarket losses. The beauty product name reported a disappointing annual and quarterly revenue forecast, citing weakened sales in China. Plus, long-time CEO Fabrizio Freda announced plans to retire in 2025. Estee Lauder isn't trading too far from its recent Aug. 12 seven-year low of $86.05. Year to date, the equity is down 35%, and at this point in the mon ...

Estee Lauder (EL) reported $3.87 billion in revenue for the quarter ended June 2024, representing a year-overyear increase of 7.3%. EPS of $0.64 for the same period compares to $0.07 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.83 billion, representing a surprise of +0.99%. The company delivered an EPS surprise of +156.00%, with the consensus EPS estimate being $0.25. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...