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Estee Lauder (EL) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.88 per share a year ago.
Estee Lauder on Tuesday expanded its restructuring plan that would include up to 7,000 job cuts and posted smaller-than-expected drop in second-quarter sales.
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today launched Beauty Reimagined, its new strategic vision, and reported its financial results for the second quarter ended December 31, 2024. “Today, we are excited to launch Beauty Reimagined, a bold strategic vision to restore sustainable sales growth and achieve a solid double-digit adjusted operating margin over the next few years as we aim to become the best consumer-centric prestige beauty company,” said Stéphane de La.
Estée Lauder, a name synonymous with luxury and beauty for nearly eight decades, is facing a critical moment. The company's upcoming earnings report on Tuesday looms large, a potential turning point for a Fortune 500 giant that has seen its market value plummet by over $100 billion in just three years.
Beyond analysts' top -and-bottom-line estimates for Estee Lauder (EL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today announced that Michael Bowes has been appointed Executive Vice President, Chief People Officer, effective April 1, 2025, reporting directly to President and Chief Executive Officer, Stéphane de La Faverie. As the first company executive to hold the title of Chief People Officer, Michael will oversee all areas of Global Human Resources, including talent management, career development and organizational design, and, with.
Estée Lauder (EL -2.40%) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's looking like the skincare and makeup giant is running out of time.
The Estee Lauder Companies' fiscal second-quarter results are likely to reflect the adverse impact of weakness across China and Asia travel retail.
Estée Lauder faced a challenging Q1'25 with a 4.5% revenue decline, mainly due to weak performance in China, global travel retail, and Hong Kong SAR. Despite top-line headwinds, gross margin improved by 280bps, and operating income increased by 33%, driven by the Profit Recovery and Growth Plan. For Q2'25, investor focus will be on new CEO Stéphane de La Faverie's strategy and execution amid uncertainties in China and Asia travel retail markets.
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) will release its fiscal 2025 second quarter results on February 4, 2025. On that date, at 8:30 a.m. (ET), the Company will provide a live webcast of its conference call and presentation discussing the results, future prospects and recent corporate developments. Stéphane de La Faverie, President and CEO, and Akhil Shrivastava, EVP and CFO, will host the call. Those wishing to access the webcast can visit http://www.elcompanies.