STOCK TITAN

Estee Lauder Cos., Inc. - EL STOCK NEWS

Welcome to our dedicated news page for Estee Lauder Cos. (Ticker: EL), a resource for investors and traders seeking the latest updates and insights on Estee Lauder Cos..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Estee Lauder Cos.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Estee Lauder Cos.'s position in the market.

Rhea-AI Summary
Estée Lauder Companies Inc. announces the offering and pricing of $650.0 million aggregate principal amount of its 5.000% Senior Notes due 2034, following a registration statement filed with the SEC. The closing is expected soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.57%
Tags
none
-
Rhea-AI Summary
Estée Lauder Companies Inc. (EL) reported a 7% decrease in net sales, with organic net sales falling 8%. Diluted EPS declined to $.87, reflecting challenges in Asia travel retail and softness in prestige beauty in mainland China. The company's effective tax rate increased to 37.6%. Despite the decline in sales, the company exceeded profitability expectations. The company is revising its FY24 outlook to narrow net sales range and lower adjusted diluted EPS for tax, while reaffirming operating profitability. The company also announced a restructuring program as part of its Profit Recovery Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.05%
Tags
earnings
-
Rhea-AI Summary
The Estée Lauder Companies Inc. (EL) announced a quarterly dividend of $.66 per share on the Company’s Class A and Class B Common Stock, payable on March 15, 2024, to stockholders of record as of February 29, 2024. The company is a global leader in skincare, makeup, fragrance, and hair care products, with a presence in approximately 150 countries and territories. The brands include Estée Lauder, Clinique, M·A·C, La Mer, Bobbi Brown Cosmetics, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.05%
Tags
dividends
Rhea-AI Summary
Clinique and Icahn School of Medicine at Mount Sinai have announced a partnership to establish the Mount Sinai-Clinique Healthy Skin Dermatology Center. The center aims to conduct research in dermatology, focusing on skin aging, allergies, and inflammatory skin conditions. The partnership will develop treatments for skin conditions, including eczema and contact dermatitis, and work towards slowing the visible signs of aging in patients with these conditions. The research will also inform Clinique's future product innovation to offer solutions for people with allergic or sensitive skin. Clinique has committed $5 million over seven years for the center's advancement and evolution of allergy science.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
partnership
-
Rhea-AI Summary
M·A·C Cosmetics has raised over $520,000,000 through its VIVA GLAM campaign, introducing modernized VIVA GLAM Lipsticks with a philanthropic mission. The new lipstick names reflect VIVA GLAM's 30-year celebration and wider charitable scope, focusing on sexual, gender, racial, and environmental equality. M·A·C VIVA GLAM advocates for societal change and better lives for everyone, supporting healthy futures and equal rights. The new lipstick shades aim to promote equality and provide resources to advance justice and sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.05%
Tags
none
-
Rhea-AI Summary
The Estée Lauder Companies Inc. (EL) will release its fiscal 2024 second quarter results on February 5, 2024. The live webcast of the conference call discussing the results, future prospects, and recent corporate developments will be hosted by Fabrizio Freda, President and CEO, and Tracey T. Travis, EVP and CFO. The company is a leading manufacturer, marketer, and seller of skincare, makeup, fragrance, and hair care products, with a global presence in approximately 150 countries and territories. The product portfolio includes well-known brands such as Estée Lauder, Clinique, M·A·C, La Mer, Bobbi Brown Cosmetics, and many others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
Tags
conferences earnings
Rhea-AI Summary
M·A·C Cosmetics Germany (MCG) sponsored the 27th annual Operngala in Berlin, presenting a 100,000€ donation to Deutsche AIDS-Stiftung's Cape Town Hope project. The event generated over 4.5M impressions through influencer content, showcasing MCG's support of the organization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.58%
Tags
none
-
News
Rhea-AI Summary
Faruqi & Faruqi, LLP is investigating potential claims against The Estée Lauder Companies Inc. (NYSE: EL) for securities law violations. Investors who suffered losses exceeding $100,000 investing in Estee stock or options between August 18, 2022, and May 2, 2023, are encouraged to contact the firm to discuss their legal rights. The complaint alleges that the company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose important information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
-
Rhea-AI Summary
Estée Lauder (EL) announces its new Skin Longevity platform, backed by 15 years of skin longevity research. The brand introduces a new product with age reversal technology, aiming to redefine the approach to skincare. Estée Lauder forms a longevity expert collective and supports the Stanford Center on Longevity to further research in this field.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
none
Rhea-AI Summary
M∙A∙C Cosmetics (ticker symbol: MAC) employees volunteer with nonprofit organizations in honor of World AIDS Day, with over 100 employees preparing and packing thousands of nutritious meals for New Yorkers. The brand has raised over $520 million through the sale of VIVA GLAM lipsticks to support healthy futures and equal rights for all.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
Tags
none
Estee Lauder Cos., Inc.

NYSE:EL

EL Rankings

EL Stock Data

52.02B
231.59M
0.46%
91.29%
1.5%
Toilet Preparation Manufacturing
Manufacturing
Link
US
New York

About EL

the estée lauder companies inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. as the global leader in prestige beauty, we touch over half a billion consumers a year. our company's products are sold in over 150 countries and territories under the following brand names: aerin, aramis, aveda, becca, bobbi brown, bumble and bumble, by kilian, clinique, darphin, donna karan new york, dkny, editions de parfums frédéric malle, ermenegildo zegna, estée lauder, glamglow, jo malone london, kiton, la mer, lab series, le labo, m•a•c, michael kors, origins, prescriptives, rodin olio lusso, smashbox, tom ford, tommy hilfiger, too faced and tory burch. to explore our current job openings, go to www.elcompanies.com/