Estée Lauder Companies Aktie News

NEW YORK--(BUSINESS WIRE)--Fabrizio Freda, President and Chief Executive Officer and Guillaume Jesel, President and CEO, TOM FORD and Luxury Business Development, of The Estée Lauder Companies Inc. (NYSE: EL) will participate in the Bernstein Annual Strategic Decisions Conference in New York on Wednesday, May 29, 2024, at 9:00 a.m. EDT. Interested parties can access the live webcast of the fire...

Estée Lauder (NYSE: EL) reported Q3'24 results last week (the fiscal year ends in June) with revenue and earnings exceeding our expectations. The company's revenues stood at $3.9 billion and earnings came in at $0.97, compared to our estimates of $3.9 billion and $0.46, respectively.

Investors have been fearful of a market crash. As such, they ended up dumping several stocks.

There's more than one path to wealth for investors willing to hang on through occasional volatility hailstorms. Undoubtedly, April brought a slight dip that many value-focused investors may have been waiting for.

Estée Lauder Companies' debut of its first brand on the U.S. Amazon Premium Beauty store has “greatly exceeded” the company's retail sales expectations so far.

Earnings exceeded analyst projections. The Asia travel retail segment saw strength.

Estee Lauder (EL) shares dropped over 14% in intraday trading Wednesday after the cosmetics company lowered its full-year revenue guidance citing macroeconomic pressures, especially in China.

The Estée Lauder Companies Inc. (NYSE:EL ) Q3 2024 Earnings Conference Call May 1, 2024 9:30 AM ET Company Participants Rainey Mancini - Senior Vice President, Investor Relations Fabrizio Freda - President and Chief Executive Officer Tracey Travis - Executive Vice President and Chief Financial Officer Conference Call Participants Bryan Spillane - Bank of America Olivia Tong - Raymond James Laur...