Estée Lauder(EL)
Search documents
Estée Lauder expects $100 million in tariff headwinds to its full-year profitability
CNBC· 2026-02-05 17:02
In this photo illustration the Estee Lauder Companies Inc. logo seen displayed on a smartphone with Estee Lauder Companies Inc. logo in the background.Estée Lauder said Thursday it's expecting a $100 million hit to its full-year profitability because of tariff impacts. The beauty company's stock tumbled more than 20% in midday trading.The company is currently in the midst of a turnaround plan, dubbed "Beauty Reimagined," that's expected to cost between $1.2 billion and $1.6 billion and is aimed at revitaliz ...
Estée Lauder(EL) - 2026 Q2 - Quarterly Report
2026-02-05 17:01
Financial Performance - Net sales for the three months ended December 31, 2025, were $4,229 million, a 5.6% increase from $4,004 million in the same period of 2024[186]. - For the six months ended December 31, 2025, net sales reached $7,710 million, reflecting a 5% increase from $7,365 million in the previous year[210]. - Net sales for the three months ended December 31, 2025, were reported at $4,229 million, a 6% increase from $4,004 million in the prior year[210]. - Total revenue for the six months ended December 31, 2025, was $7,710 million, an increase of 5% compared to $7,365 million in the same period of 2024[291]. - The Americas region generated net sales of $1,218 million in Q2 2025, slightly up from $1,209 million in Q2 2024[188]. - Reported net sales in The Americas decreased 1% for the six months ended December 31, 2025, driven by a 2% decrease from pricing[245]. Profitability - Gross profit margin improved to 76.5% in Q2 2025 from 76.1% in Q2 2024, with gross profit reaching $3,235 million[186]. - Operating income for the three months ended December 31, 2025, was $401 million, compared to an operating loss of $580 million in the same period of 2024[186]. - Reported operating income for the three months ended December 31, 2025, was $401 million, a $981 million increase from the prior-year period[255]. - Operating income for the six months ended December 31, 2025, was $570 million, a significant increase of $1,271 million from a loss of $701 million in the prior year[287]. - The effective tax rate increased to 51.40% for the three months ended December 31, 2025, from 9.20% in the prior year, primarily due to losses before income taxes and the impact of goodwill impairment[277]. Product Category Performance - Skin Care product category net sales increased to $2,054 million in Q2 2025, up from $1,921 million in Q2 2024, representing a 6.9% growth[188]. - Skin care net sales increased by $133 million, or 7%, for the three months ended December 31, 2025, and by $179 million, or 5%, for the six months ended December 31, 2025[217]. - Fragrance net sales rose by $68 million, or 9%, for the three months ended December 31, 2025, and by $159 million, or 12%, for the six months ended December 31, 2025[231]. - Reported makeup net sales increased slightly by $14 million, or 1%, for the three months ended December 31, 2025[224]. - Reported hair care net sales increased $9 million, or 6%, for the three months ended December 31, 2025, primarily due to higher sales from The Ordinary and the launch in Amazon's U.S. Premium Beauty store[235]. Challenges and Risks - The company anticipates continued volatility and uncertainty in its business environment, particularly in Western Europe and the U.S. department store sector[194]. - The company continues to face challenges from inflationary pressures and supply chain issues, which may impact consumer preferences and overall profitability[198]. - The company expects to continue facing challenges related to foreign currency translation and restructuring charges in future periods[281]. - The company is monitoring the effects of tariffs and expects higher rates to adversely affect fiscal 2026 profitability and cash flows[195]. Strategic Initiatives - The strategic vision "Beauty Reimagined" aims to enhance consumer engagement and drive sustainable growth through operational efficiencies[197]. - The introduction of new products is expected to impact sales, with ongoing innovation and marketing efforts to support both new and existing products[191]. - The restructuring program is expected to result in charges totaling between $1,200 million and $1,600 million, before taxes[207]. - The restructuring program aims to achieve annual gross benefits of between $800 million and $1,000 million, before taxes, once fully implemented[208]. Cash Flow and Debt Management - The company had cash and cash equivalents of $3,082 million as of December 31, 2025, compared to $2,921 million at June 30, 2025[297]. - Net cash flows provided by operating activities for the six months ended December 31, 2025, were $785 million, compared to $387 million in the same period of 2024[308]. - Total debt as of December 31, 2025, was $7,322 million, with long-term debt comprising $7,319 million and current debt of $3 million[304]. - Total debt as a percentage of total capitalization was 64.5% at December 31, 2025, down from 65.4% at June 30, 2025[307]. Market Performance - The increase in net sales from La Mer and Estée Lauder was primarily driven by higher sales in Mainland China and Asia travel retail, reflecting key shopping moments and holiday campaigns[218][219]. - Reported net sales in Mainland China increased 13% for the three months ended December 31, 2025, driven by a 9% increase from pricing and a 4% increase from volume[244]. - Operating income in Mainland China increased by $73 million, or 97%, for the three months ended December 31, 2025, and $101 million, or over 100%, for the six months ended December 31, 2025, driven by higher net sales[272].
Estee Lauder shares slide despite raised earnings outlook on tariff headwinds
Yahoo Finance· 2026-02-05 15:43
Core Viewpoint - Estée Lauder Companies Inc experienced a nearly 22% drop in share price due to mixed signals on growth and profit pressures, despite a solid quarterly performance and an increased earnings forecast for the year [1]. Financial Performance - Q2 revenue reached $4.23 billion, slightly surpassing analysts' expectations of $4.22 billion, with adjusted earnings per share (EPS) of $0.89, exceeding forecasts of $0.83 [2]. - Organic sales grew by 4% year-on-year, an acceleration from a 3% increase in Q1, driven by a 13% surge in Mainland China [2]. Strategic Initiatives - The Profit Recovery and Growth Plan (PRGP) contributed to a 290 basis point increase in adjusted operating margin to 14.4%, helping to mitigate some tariff pressures [3]. - Management reported progress in cost-cutting, workforce reductions, and operational improvements, indicating that the most severe inventory and travel retail volatility is behind them [3]. Future Outlook - For fiscal 2026, the company expects adjusted EPS between $2.05 and $2.25, slightly below the Street consensus of $2.19 [4]. - Projected organic net sales growth is anticipated to be between 1% and 3%, with modest growth expected in Mainland China and flat performance in the Americas [4]. - Tariff-related costs are projected to reduce operating profit by approximately $100 million [4]. Segment Performance - Skincare led sales with $2.05 billion, a 7% year-on-year increase, followed by fragrance at $812 million (+9%), makeup at $1.16 billion (+1%), and hair care at $168 million (+6%) [5]. - Geographically, sales contributions were $1.22 billion from the Americas, $1.18 billion from Europe/Kem, $900 million from Asia/Pacific, and $928 million from Mainland China [5]. Market Reactions - Jefferies noted that while Q2 sales and EPS exceeded expectations, the full-year EPS guidance fell short of Street models, indicating investor caution [6]. - Investors are expected to focus on commentary regarding travel retail consumption in Asia, operating margin levers, cash flow allocation, and ongoing innovation initiatives across Estée Lauder's brands [6].
道指深夜跌超500点,高通跌8%,蔚来涨近9%,白银重挫超16%,比特币跌穿6.8万美元
2 1 Shi Ji Jing Ji Bao Dao· 2026-02-05 15:35
记者丨刘雪莹 | 名称 | 现价 | 涨跌幅 ▼ | | --- | --- | --- | | 闪迪 | 616.000 | 5.38% | | 博通(BROADCOM) | 323.170 | 4.91% | | 泰瑞达(TERADYNE) | 279.565 | 3.90% | | 英特尔(INTEL) | 50.080 | 3.05% | | 台积电 | 332.161 | 1.97% | | 科天半导体(KLA) | 1331.395 | 1.85% | | 阿斯麦 | 1362.970 | 1.78% | | ARM | 106.700 | 1.72% | 谷歌一度跌逾6%,目前跌幅收窄。谷歌母公司Alphabet一度跌7.5%,创5月7日以来最大盘中跌幅。亚 马逊盘初跌超3%,该股今日盘后将公布财报。 美股加密货币概念股走低,Strategy跌超7%,Coinbase跌超4%,Circle跌超2%。加密货币市场持续重 挫,比特币向下跌破68000美元。截至发稿,近24小时内,全球加密货币市场超21.5万人被爆仓。 美股部分消费股因业绩不及预期而重挫,雅诗兰黛下跌19%,羽绒服巨头加拿大鹅跌超15 ...
超3000股下跌 美股三大指数走低!芯片巨头盘中暴跌超10% 谷歌母公司也跌了6%|美股开盘
Mei Ri Jing Ji Xin Wen· 2026-02-05 15:26
雅诗兰黛股价下跌18%,因营销成本增加,雅诗兰黛今年业绩指引低于预期。 2月5日,美股三大指数集体低开,纳指跌1.58%,道指跌0.5%,标普500指数跌1.04%。超3000支个股下跌。 截至发稿,谷歌跌超6%,公司资本支出指引过高引市场担忧。蔚来涨超7%,公司首次录得单季度经调整经营利润。高通跌超10%,公司Q2业绩指引疲 软。减肥药概念股受挫,诺和诺德跌超4%,礼来跌超3%。 在美上市的韩国电商巨头Coupang跌超9%,公司确认16.5万用户数据泄露。 | 最低价 | 7503.87 | 市净率 | | 2.14 | 今年来 | | -0.33% | | --- | --- | --- | --- | --- | --- | --- | --- | | સ્ત્રે | モ日 | 日K | 周K | 月K | | 重家 | 0 | | 叠加 | | | | 均价: -- | | | | | 7525.14 | | | | | | 0.85% | | | 7461.61 | | | | | | 0.00% | | | | | | 当前为延时行情 | | | | | | 7398.08 | | | | | ...
超3000股下跌,美股三大指数走低!芯片巨头盘中暴跌超10%,谷歌母公司也跌了6%|美股开盘
Mei Ri Jing Ji Xin Wen· 2026-02-05 15:21
Market Overview - On February 5, US stock indices opened lower, with the Nasdaq down 1.58%, the Dow down 0.5%, and the S&P 500 down 1.04%. Over 3,000 individual stocks declined [1] - The Nasdaq China Golden Dragon Index rose by 0.58%, closing at 7504.59 points [3] Company-Specific Developments - Google shares fell over 6% due to concerns over high capital expenditure guidance [1] - NIO's stock increased by over 7% as the company reported its first quarterly adjusted operating profit [1] - Qualcomm's shares dropped over 10% following a weak Q2 earnings forecast [1] - Coupang, a South Korean e-commerce giant, saw its stock decline by over 9% after confirming a data breach affecting 165,000 users [1] - Estée Lauder's stock plummeted 18% due to increased marketing costs and lower-than-expected earnings guidance for the year [1] Sector Performance - Weight loss drug stocks faced setbacks, with Novo Nordisk down over 4% and Eli Lilly down over 3% [1] - Cryptocurrency-related stocks also fell, with Strategy down over 7%, Coinbase down over 4%, and Circle down over 2% [2] Commodity Market - Gold prices fell significantly, with spot gold down 3.16% to $4811.27 per ounce, and silver down over 16% to $73.695 per ounce [9] - Brent crude oil decreased by 2.97% to $67.40 per barrel, while WTI crude oil fell to $63.17 per barrel, down 3.02% [11]
全年业绩指引低于预期 雅诗兰黛(EL.US)暴跌近20%
Zhi Tong Cai Jing· 2026-02-05 15:06
Core Viewpoint - Estée Lauder (EL.US) experienced a nearly 20% drop in stock price following the release of its Q2 FY2026 earnings, despite a 44% increase over the past year, currently trading at $96.49 [1] Financial Performance - The company reported Q2 sales of $4.23 billion, meeting analyst expectations [1] - Adjusted earnings per share (EPS) were $0.89, surpassing the forecast of $0.83 [1] Future Guidance - The company increased marketing expenditures for brand revitalization while facing cost pressures from tariffs, which are compressing profit margins and affecting annual profit expectations [1] - Full-year net sales growth guidance is set at 3% to 5%, with a midpoint of 4%, which is below the analyst expectation of 4.3% [1] - Adjusted EPS guidance is projected between $2.05 and $2.25, with a midpoint of $2.15, also falling short of the anticipated $2.16 [1]
美股异动 | 全年业绩指引低于预期 雅诗兰黛(EL.US)暴跌近20%
智通财经网· 2026-02-05 15:04
智通财经APP获悉,周四,雅诗兰黛(EL.US)暴跌近20%,近一年已累涨44%,现报96.49美元。消息面 上,雅诗兰黛公布2026财年第二季度业绩,销售额为42.3亿美元,符合分析师的预期;调整后每股收益 为0.89美元,超过分析师预期的0.83美元。 不过,公司为品牌重塑增加营销支出,同时持续应对关税带来的成本压力,进一步压缩盈利空间并影响 全年盈利预期。全年净销售额增长指引为3%至5%,中间值4%低于分析师预期的4.3%;调整后每股收益 指引为2.05至2.25美元,中间值2.15美元亦低于预期的2.16美元。 ...
Estée Lauder(EL) - 2026 Q2 - Earnings Call Transcript
2026-02-05 14:32
The Estée Lauder Companies (NYSE:EL) Q2 2026 Earnings call February 05, 2026 08:30 AM ET Company ParticipantsAkhil Shrivastava - EVP and CFODara Mohsenian - Morgan StanleyFilippo Falorni - Director of Equity ResearchRainey Mancini - SVP of Investor RelationsStéphane de La Faverie - President and CEOConference Call ParticipantsBonnie Herzog - Managing Director and Senior Consumer AnalystChris Carey - Senior Equity Analyst and Head of Consumer Staples ResearchLauren Lieberman - Managing Director and Senior U. ...
Estée Lauder(EL) - 2026 Q2 - Earnings Call Transcript
2026-02-05 14:32
The Estée Lauder Companies (NYSE:EL) Q2 2026 Earnings call February 05, 2026 08:30 AM ET Company ParticipantsAkhil Shrivastava - EVP and CFODara Mohsenian - Morgan StanleyFilippo Falorni - Director of Equity ResearchRainey Mancini - SVP of Investor RelationsStéphane de La Faverie - President and CEOConference Call ParticipantsBonnie Herzog - Managing Director and Senior Consumer AnalystChris Carey - Senior Equity Analyst and Head of Consumer Staples ResearchLauren Lieberman - Managing Director and Senior U. ...