EL is witnessing weak consumer sentiment in China. Challenges in Asia travel retail and rising costs leave investors concerned.
It's been a disappointing year for Estée Lauder (EL -0.46%) investors, as the cosmetics maker's stock is down almost 50% in 2024. Any time a market leader's stock drops significantly, it's worth investigating to see whether it's a possible bounce-back candidate.
Despite an almost 50% decline in Estée Lauder stock (NYSE: EL) since the beginning of the year, at the current price of $75 per share, we believe the company could face a significant downside. Why is that?
NEW YORK, NY / ACCESSWIRE / December 15, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Estée Lauder Companies Inc. ("Estée Lauder" or the "Company") (NYSE: EL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / December 13, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Estée Lauder Companies Inc. ("Estée Lauder" or the "Company") (NYSE:EL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / December 11, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Estée Lauder Companies Inc. ("Estée Lauder" or the "Company") (NYSE:EL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Estée Lauder Companies (EL -0.96%) recently cut its dividend, blaming challenges in the "complex prestige beauty landscape," especially in China and Asia's travel retail markets. The announcement in late October didn't go over well with the stock market, sending the company's shares down 11% since then.
Dividend stocks can be attractive options for long-term investors, in part, because of the recurring income they can generate. But investors need to remember that dividend payouts aren't a guarantee, regardless of a company's track record of distributions.
The Estee Lauder Companies faces challenges due to weak consumer sentiment in China and Asia travel retail, leading to disappointing performance.
NEW YORK CITY, NY / ACCESSWIRE / November 27, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Estée Lauder Companies Inc. ("Estée Lauder" or the "Company") (NYSE:EL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / November 26, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Estée Lauder Companies Inc. ("Estée Lauder" or the "Company") (NYSE:EL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
It's not often that investors have the chance to buy stock of timeless brands at a huge discount, but Estee Lauder (EL 4.35%) may present such an opportunity.