NEW YORK CITY, NY / ACCESSWIRE / November 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Estée Companies, Inc. ("Estée" or "the Company") (NYSE:EL). Investors who purchased Estée securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/EL.
The skincare, makeup, and fragrance company posted weak quarterly earnings.
NEW YORK CITY, NY / ACCESSWIRE / November 1, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Estée Companies, Inc. ("Estée" or "the Company") (NYSE:EL). Investors who purchased Estée securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/EL.
On Wednesday, the company said it had appointed a longtime employee, Stephane de la Faverie, as its new chief executive officer and president. He will take the helm at Estée on Jan. 1.
Estee Lauder's Q1 results reflect increased earnings. Sales decline amid challenges in China and travel retail.
The Estee Lauder Companies Inc. (NYSE:EL ) Q1 2025 Earnings Conference Call October 31, 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 Dara Mohsenian - Morgan Stanley Steve Powers - Deutsche Bank Lauren Lieberman - Barclays Bryan Spillane - Bank of America Merrill Lynch Rupesh Parikh - Oppenheimer Bonnie Herzog - Goldman Sachs Olivia Tong - Raymond James Operator Good morning and welcome to The Estee Lauder Companies Q1 Fiscal 2025 Earnings Release and Conference Call. All participants will be in a listen-only mode.
Estée Lauder (EL) shares tanked 20% Thursday after the luxury beauty products maker warned about softness in China and the Asia travel market, pulled its full-year guidance, and cut its dividend.
The cosmetics giant is facing serious challenges in China.
CNBC's Jim Cramer explains why he is keeping an eye on shares of Estee Lauder.
While the top- and bottom-line numbers for Estee Lauder (EL) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Estee Lauder (EL) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.11 per share a year ago.
The luxury cosmetics company points to a complex industry landscape as to why it withdrew guidance.