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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
The Estée Lauder Companies Inc. (EL) will release its fiscal 2024 third quarter results on May 1, 2024, with a live webcast of the conference call hosted by Fabrizio Freda, President and CEO, and Tracey T. Travis, EVP and CFO. The company is a global leader in skincare, makeup, fragrance, and hair care products, with a presence in 150 countries under various prestigious brands.
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MAC Cosmetics celebrates Earth Month by visiting VIVA GLAM grantee Plastics for Change in India. The partnership aims to support sustainable initiatives and reduce plastic waste.
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1.06%
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MAC Cosmetics UK&I sponsors Central Saint Martins 'Equal Futures Scholarship' for the second year, awarding Anisa Ibrahim as the recipient for the 2023/24 academic year. The scholarship supports a Black, Asian, or Multi-Ethnic student for a three-year BA Fashion degree, emphasizing diversity and inclusion. MAC Cosmetics reaffirms its commitment to equality by donating £1 million to charity partners in the UK and Ireland, focusing on sexual, gender, racial, and environmental equality.
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4.9%
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Estée Lauder announces IU as its first Korean Global Brand Ambassador, joining the ranks of global ambassadors like Ana de Armas and Karlie Kloss. IU will feature in campaigns for hero franchises Advanced Night Repair and Double Wear, debuting in April 2024.
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0.39%
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Dexter King appointed Senior VP, Global General Manager at TOM FORD BEAUTY, effective April 1, 2024. King's extensive experience in luxury beauty to drive global growth and innovation.
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0.08%
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Clinique, a leading dermatologist beauty brand in the U.S., expands its consumer reach by debuting in the Amazon Premium Beauty store. The Estée Lauder Companies' brand offers clinically proven skincare and makeup solutions, along with dermatological education, marking a strategic move to enhance consumer accessibility.
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4.11%
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The Estée Lauder Companies Inc. executives will participate in the UBS Global Consumer and Retail Conference in New York. The company is a leading manufacturer of skincare, makeup, fragrance, and hair care products sold globally under various luxury brands.
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BALMAIN BEAUTY announces 'Projet Confidentiel' campaign for luxury fragrance launch in September 2024, revealed ahead of the Balmain fashion show. The campaign showcases a mysterious matte black fragrance bottle with the Balmain PB logo.
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2.41%
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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.
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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.
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Estee Lauder Cos., Inc.

NYSE:EL

EL Rankings

EL Stock Data

49.76B
229.92M
0.46%
91.54%
1.46%
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/