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Estée Lauder (EL 0.93%)is experiencing slower growth as the industry faces headwinds.
Shares of Chinese stocks such as Alibaba (BABA 6.47%) and China-exposed stocks Estee Lauder (EL 5.74%) and Nike (NKE 2.93%) rallied on Monday, up 6.2%, 5.2%, and 2.9%, respectively, as of 2:20 p.m. ET.
Explore Estee Lauder's (EL) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Beauty stocks fell this week as E.l.f. Beauty and Estee Lauder issued disappointing guidance.
Shares of makeup conglomerate Estee Lauder (EL -2.55%) plunged 23% through Thursday trading this week, according to data from S&P Global Market Intelligence.
Estée Lauder's Q2 results were marred by a $773 million write-down on Tom Ford. Despite weak demand, Estée Lauder's gross margin improved, and the company beat on both the top- and bottom lines. This quarter wasn't great but didn't warrant a 20% sell-off either.
Estée Lauder reported another quarter of weak sales and declining margins as its China and travel businesses struggle. These losses appear likely to continue next quarter given downbeat guidance, and it is unclear if its China business can turn around. With limited free cash flow, a 3-year restructuring, and 20+x valuation, EL stock is unattractive, even with a large family ownership.
Estée Lauder (NYSE: EL) recently released its Q2 fiscal 2025 results (fiscal ends in June), with revenues and earnings exceeding the street estimates. It reported sales of $4.0 billion and adjusted earnings of $0.62 per share, compared to the consensus estimates of $4.0 billion and $0.32, respectively.
Estee Lauder Companies Inc (NYSE:EL, ETR:ELAA) fell almost 17% after the cosmetics company issued a weak forecast for the fiscal third quarter and announced plans to reduce its headcount. The company, whose brands include Too Faced, Mac Cosmetics, and Aveda, guided adjusted earnings per share (EPS) for the current quarter to be between $0.20 and $0.30, significantly below analysts' expectations of around $0.62.
Consumer pullback around the world is leading Estée Lauder to cut thousands of jobs. The beauty brand released earnings Tuesday (Feb. 4) showing declining or flat sales in its markets around the globe, especially in Asia, where sales fell by double digits.