EL Stock Recent News

Estee Lauder Companies Inc (NYSE:EL, ETR:ELAA) expects “disappointing” sales and profit in fiscal 2025 as it continues to face challenges in Asia, the beauty company said on Monday. The company expects a “more tempered performance than the industry” for fiscal 2025, guiding global prestige beauty to grow 2% to 3%.

Estee Lauder's (EL) Q4 results reflect increased earnings and sales despite sluggishness in core business areas, especially mainland China, Asia travel retail and North America.

Estée Lauder announced that Chief Executive Officer Fabrizio Freda plans to retire at the end of June 2025. The company on Monday also forecast annual revenue growth that dramatically missed analysts' expectations.

Estee Lauder (EL) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.07 per share a year ago.

Estee Lauder Companies Inc EL shares are trading slightly lower after the company reported its fourth-quarter results.

Estée Lauder expects fiscal 2025 adjusted earnings of between $2.75 and $2.95 a share, well below Wall Street expectations.

Estee Lauder Cos. stock was down 8.5% in premarket trading Monday after the hair- and makeup-products maker's outlook for fiscal 2025 came in below analyst estimates due partly to “persistent weak sentiment among Chinese consumers.

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $15.61 billion for its fiscal year ended June 30, 2024, a decrease of 2% from $15.91 billion in the prior year. Organic net sales decreased 2%, primarily reflecting ongoing softness in overall prestige beauty in mainland China and a decline in Asia travel retail driven by the decrease in the first half of fiscal 2024, reflecting actions taken by the Company and its retailers to reset inventory leve.

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) will pay a quarterly dividend of $.66 per share on the Company's Class A and Class B Common Stock on September 16, 2024 to stockholders of record at the close of business on August 30, 2024. The Estée Lauder Companies Inc. is one of the world's leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products, and is a steward of luxury and prestige brands globally. The Company's prod.

Estee Lauder Cos. EL, -0.18% said Monday a search for a new chief executive officer has already been launched and that current Chief Executive Fabrizio Freda plans to retire at the end of fiscal year 2025 after 16 years in the job.