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Estee Lauder Companies Inc (EL.N)

EL.N on New York Stock Exchange

141.04USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Estee Lauder announces collaboration with Google
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Estee Lauder Companies Inc -:Estee Lauder - ‍co announces its collaboration with Google to offer consumers services for Google Assistant on Google Home​.  Full Article

Estée Lauder reports Q1 earnings of $1.14/shr
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Estee Lauder Companies Inc :The Estée Lauder Companies achieves outstanding fiscal 2018 first quarter results.Q1 sales $3.27 billion versus I/B/E/S view $3.17 billion.Estee Lauder Companies Inc - qtrly net earnings per common share $1.14.Q1 earnings per share view $0.97 -- Thomson Reuters I/B/E/S.Sees Q2 2018 earnings per share $1.28 to $1.32.Sees Q2 2018 earnings per share $1.38 to $1.41 excluding items.Sees Q2 2018 sales up 13 to 15 percent.Sees FY 2018 earnings per share $4.04 to $4.12 excluding items.Sees FY 2018 earnings per share $3.77 to $3.88.Sees FY 2018 sales up 10 to 11 percent.Estee lauder companies - Q2 ‍foreign currency translation is expected to positively impact sales by approximately 3% to 4% versus prior-year period​.Estee Lauder - acquisitions of Too Faced, Becca are forecasted to contribute about 3 percentage points of incremental sales to overall sales growth​ in Q2.Estee Lauder Companies - for FY 2018 foreign currency translation expected to positively impact sales by about 2% versus prior-year period​.Estee Lauder Companies Inc - Q2 ‍net sales are forecasted to grow between 10% and 11% in constant currency​.Estee Lauder Companies Inc - ‍for full year fiscal 2018 net sales are forecasted to grow between 8% and 9% in constant currency​.Estee Lauder - ‍expects to take charges associated with previously approved restructuring, other activities in q2 of about $50 million to $55 million.  Full Article

Estee Lauder Companies Inc increases quarterly dividend 12 pct to $0.38 per share
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Estee Lauder Companies Inc :The Estée Lauder Companies Inc increases quarterly dividend 12% to $.38 per share.  Full Article

Estee Lauder says entered into a senior unsecured credit agreement
Wednesday, 5 Oct 2016 

Estee Lauder Companies Inc : Says entered into a senior unsecured credit agreement - SEC filing . Facility created by agreement replaced company's undrawn $1 billion revolving credit facility entered into on July 15, 2014 . Facility commenced on Oct 3, 2016, expires by its terms on October 3, 2021, unless extended for up to two additional years . Year revolving credit facility to co and eligible subsidiaries, in amount of $1.5 billion Source: (http://bit.ly/2dHEmwJ) Further company coverage: [EL.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Estee lauder companies announces GLAMGLOW leadership updates
Friday, 23 Sep 2016 

Estee Lauder Companies Inc : Paula Pontes will re-join co in role of Senior Vice president/global General Manager, GLAMGLOW, effective November 1, 2016 . Pontes will succeed Reinaldo Gonzalez .Effective Oct 15, 2016, Beth Dinardo will assume title of Global Brand President, Smashbox and GLAMGLOW.  Full Article

Estee Lauder Cos says sales in qtr declined in France due to drop in tourism - conf call
Friday, 19 Aug 2016 

: Estee Lauder Cos Executive - Sales in quarter declined in France due to large drop in tourism and in Middle East because of continued economic uncertainty . Estee Lauder Cos Executive - Recent Brexit vote "added a layer of uncertainty that will most likely not be fully understood for some time" - conf call . Estee Lauder Cos Executive - Believe "risk of other economic and political disruptions will remain high as we start our new fiscal year" - conf call . Estee Lauder Cos Executive - Expect all product categories and regions to grow, led by the makeup category and the EMEA region in fiscal 2017 . Estee Lauder Cos Executive - Several of co's brands will accelerate their expansion in specialty multi-retailers and online - conf call . Estee Lauder Cos Executive - Middle East sales seen to fall in FY 2017 as distributors adjust inventories to reflect sluggish consumer spending - conf call Further company coverage: [EL.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Estee Lauder Companies Q4 earnings per share $0.25
Friday, 19 Aug 2016 

Estee Lauder Companies Inc : FY earnings per share view $3.53 -- Thomson Reuters I/B/E/S . The estée lauder companies delivers strong fiscal year 2016 results . Q4 earnings per share $0.25 . Q4 sales $2.65 billion versus i/b/e/s view $2.66 billion . Q4 earnings per share view $0.40 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $3.38 to $3.44 excluding items . Sees FY 2017 earnings per share $3.20 to $3.30 . Sees Q1 2017 earnings per share $0.65 to $0.71 . Sees FY 2017 sales up 6 to 7 percent . Global prestige beauty is expected to grow approximately two percentage points ahead of industry for fiscal year . In fiscal 2017 Q1, expect especially strong external headwinds when compared with previous year . Expects to take charges associated with previously approved restructuring activities in fiscal 2017 of about $80 million - $100 million . Expects to take further charges in fiscal 2017 as additional initiatives under leading beauty forward are approved . Q1 net sales are forecasted to increase between 1% and 2% versus prior-year period .Expects to take charges associated with previously approved restructuring activities in fiscal 2017 q1 of about $35 million to $45 million.  Full Article

Estee Lauder declares quarterly dividend of $.30 per share
Friday, 19 Aug 2016 

Estee Lauder Companies Inc : The Estée Lauder Companies Inc. declares quarterly dividend of $.30 per share .Will pay a quarterly dividend of $.30 per share on company's class A and class B common stock on September 15, 2016.  Full Article

J C Penney Co on conf call- from inventory standpoint, feel really good going into fall
Friday, 12 Aug 2016 

J C Penney Company Inc : CEO on conf call - opened 27 new Sephora locations in Q2, plan to open 4 more later this fall . CEO on conf call - have to pivot to less weather-sensitive categories . Expect sequential comp sales in back half of year to improve from first half . Expect to close on sale of corporate headquarters building later this year . CEO- over 50 percent of our online orders go through our stores . Ceo- had strength in apparel in Q2 . CFO- July usually clearance month for us, but clearance was down this July, "feel really good moving into Q3" . From inventory standpoint, feel really good whether it is apparel or non-apparel, going into fall . CEO- in the process of having mobile devices for check out, will be ready in next couple of weeks . CEO- if a Sears closes in a mall where we are, it is a net positive for us . Ceo on conf call - believe we can now open more Sephora locations than we previously anticipated . Ceo on conf call - will be adding Clinique to brands, will launch in a small number of locations . Ceo- customers spending on improving homes more than ever . Ceo- "we will not maintain any store or stategic entity that doesnt provide value to our customers and our strategic future" . Ceo- " I think the state of consumer really hasn't changed from last quarter".  Full Article

Aerin Lauder notified Estee Lauder of her decision not to stand for re-election
Saturday, 16 Jul 2016 

Estee Lauder Companies : On July 13, Aerin Lauder, member of board, notified co of her decision not to stand for re-election as a class II director .On July 14 Ronald S. Lauder was nominated by board to stand for election as a class II director - SEC filing.  Full Article

BRIEF-Estée Lauder Q2 Adjusted Earnings Per Share $1.52

* THE ESTÉE LAUDER COMPANIES FISCAL 2018 SECOND QUARTER SALES INCREASE 17%