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 ...

The Hershey Company (HSY) is likely to register top and bottom-line growth when it reports fourth-quarter 2024 earnings on Feb. 6. The Zacks Consensus Estimate for revenues is pegged at $2.85 billion, implying a 7.3% increase from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in the past 30 days at 2.38 per share, which suggests an increase of 17.8% from the figure reported in the year-ago quarter. However, HSY has a trailing four-quarter negative earnings ...

BlackRock Inc. (BLK) is considering opening an office in Kuwait to deepen its presence in the Middle Eastern region. This was reported by Bloomberg, citing people familiar with the matter.BLK is in discussions with regulators and could finalize a decision later this month.Rationale Behind BLK’s MoveAbu Dhabi and Riyadh have been competing with Dubai to establish themselves as the primary business hub of the Middle East. While global firms like Citigroup Inc. (C) and Morgan Stanley (MS) have increased their ...

Estée Lauder delivered earnings ahead of expectations, despite facing pressures in the Asia travel sector.Estée Lauder Companies (EL -18.39%), a global leader in beauty products, reported its fiscal 2025 second-quarter earnings on Feb. 4. The company exceeded analysts' predictions, achieving an adjusted earnings per share (EPS) of $0.62 versus the expected $0.32, marking a substantial $0.30 or 93.8% outperformance. Revenue was slightly above estimates, recording $4 billion against the anticipated $3.977 bil ...

SCOTTSDALE, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based functional beverage company, today announced a new distribution agreement with Eagle Rock Distributing Company (“Eagle Rock”), a full-service beverage distributor servicing retailers across Georgia and Colorado. Under the agreement, Eagle Rock will distribute Yerbae’s 12oz functional beverage product line to King Soopers locations throughout Colorado. King Soopers ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. BlackBerry (BB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.BlackBerry is one of 609 companies in the Computer and Te ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has UiPath (PATH) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.UiPath is one of 289 individual stocks in the Business Services sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank consider ...