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