Estee Lauder withdrew its 2025 sales and profit forecasts on Thursday due to a slowdown in demand for luxury beauty products in major markets such as China.
It seems as if the company will get a new leader quite soon.
Jane Lauder told staff in a memo that she would step aside from her executive role at the company at the end of the year, according to a report.
Get a deeper insight into the potential performance of Estee Lauder (EL) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
EL's fiscal first-quarter results are likely to reflect difficulties in mainland China and Asia travel retail due to persistently weak consumer sentiment.
Estee Lauder (EL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EL launches the U.S. Amazon Premium Beauty store, increasing access to its skincare, makeup and fragrances for a wider audience.
The Estée Lauder Companies Inc.'s stock has fallen nearly 50% I first covered the stock in 2020 and sell-side analysts have recently downgraded the stock. Contrary to Wall Street analysts, I believe that EL stock has become too cheaply priced to ignore. The current share price does not assume any meaningful improvement in margins which is a very low probability scenario for long-term investors.
EL faces mounting pressure in its Asia-Pacific markets, shifting consumer behavior and currency headwinds, raising concerns for the fiscal 2025 outlook.
Shares of beauty products manufacturer Estée Lauder (EL) surged Thursday, lifted by continued optimism about China's efforts to shore up its slumping economy with an economic stimulus package.
A rate cut in China could benefit Estee Lauder. China is a major market for Estee Lauder, and the brand has struggled there lately.
I have always considered Estée Lauder to be a high-quality business. But in 2022 shares were trading too expensive for me to justify buying the stock. Today, however, after a 65-70% drop in valuation, I think the time has come to buy shares in this category (beauty) leader. While downside risks remain, I argue that the company's expansion into high-margin markets, focus on digital channels, and operational cost-cutting measures contribute to a favorable long-term outlook.