Estee Lauder said on Thursday that Tracey Travis would be stepping down and retiring from her 12 years role as the MAC lipstick maker's finance chief, effective June 30, 2025.
Estee Lauder (EL) is on track to operationalize the Profit Recovery Plan to focus on rebuilding stronger and more sustainable profitability alongside supporting sales growth.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Is the market set to continue heading higher? Or after a tremendous run, are the bulls finally running out of steam?
One company has more than 38,000 locations globally, and it's looking to add more. Another has been growing its dividend by 9% annually, on average, in recent years.
Estee Lauder's (EL) Profit Recovery Plan is aimed at fortifying profitability, fostering accelerated sales growth and enhancing agility. However, softness in the mainland China region is a concern.
Wall Street's seasoned investors often look for stocks to buy on the dip. This strategy involves purchasing stocks that have experienced a temporary downturn in the hope that they will rebound.
Estée Lauder stock lost 40% of its market value in 2023 after a very poor 2022. The company's troubles were mostly self-inflicted, and management believes that they are at an inflection point in its recovery. Despite the risks, EL's long-term earnings prospects remain unchanged, and the current issues present a buying opportunity.
Estee Lauder's (EL) acquisition of DECIEM, the innovative "Abnormal Beauty Company," enhances its skincare lineup, fostering global expansion.
Estee Lauder (EL) benefits from the Profit Recovery Plan and robust presence in emerging markets. However, macroeconomic challenges like softness in the mainland China region are a concern.