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Estee Lauder Companies Inc (EL.N)

EL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Estee Lauder Companies Estimates Leading Beauty Forward May Result In Restructuring, Other Charges Between $950 Mln And $990 Mln
Friday, 14 Jun 2019 

June 13 (Reuters) - Estee Lauder Companies Inc ::ESTEE LAUDER COMPANIES INC - NOW ESTIMATES THAT LEADING BEAUTY FORWARD MAY RESULT IN RESTRUCTURING AND OTHER CHARGES BETWEEN $950 MILLION AND $990 MILLION.ESTEE LAUDER COMPANIES INC - PREVIOUSLY ESTIMATED THAT LBF MAY RESULT IN RESTRUCTURING AND OTHER CHARGES TOTALING BETWEEN $900 MILLION AND $950 MILLION.  Full Article

The Estée Lauder Companies Achieves Outstanding Fiscal 2019 Third Quarter Results
Wednesday, 1 May 2019 

May 1 (Reuters) - Estee Lauder Companies Inc ::THE ESTÉE LAUDER COMPANIES ACHIEVES OUTSTANDING FISCAL 2019 THIRD QUARTER RESULTS.Q3 SALES $3.74 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.57 BILLION.COMPANY RAISES FULL YEAR GUIDANCE.COMPANY RAISES FULL YEAR GUIDANCE.QTRLY DILUTED EPS INCREASED TO $1.51.Q3 EARNINGS PER SHARE VIEW $1.30 -- REFINITIV IBES DATA.SEES 2019 REPORTED NET SALES ARE FORECASTED TO INCREASE BETWEEN 7% AND 8% VERSUS PRIOR-YEAR PERIOD.2019 REPORTED DILUTED NET EARNINGS PER COMMON SHARE ARE PROJECTED TO BE BETWEEN $4.72 AND $4.79.ESTEE LAUDER - EXPECTED GRADUAL MODERATION OF GROWTH IN CHINA & TRAVEL RETAIL STARTING IN QUARTER, WHICH DIDN'T HAPPEN & CONTRIBUTED TO OVERACHIEVEMENT.ON A CONSTANT CURRENCY BASIS, BEFORE CHARGES, ADJUSTMENTS, 2019 EARNINGS PER SHARE EXPECTED TO INCREASE 18%-19%.2019 EPS EXCLUDING RESTRUCTURING AND OTHER CHARGES AND ADJUSTMENTS, PROJECTED TO BE BETWEEN $5.15 AND $5.19.ESTEE LAUDER - EXPECTS TO TAKE CHARGES RELATED TO RESTRUCTURING, OTHER ACTIVITIES FOR LEADING BEAUTY FORWARD IN 2019 OF ABOUT $160 MILLION-$175 MILLION.ESTEE LAUDER - CONTINUED SOFTNESS OF BRICK & MORTAR RETAIL IN U.S., UK IMPACTING OVERALL PRESTIGE BEAUTY GROWTH, ESPECIALLY IN MAKEUP CATEGORY.PLANS TO INVEST FURTHER IN U.S. IN Q4 OF FISCAL 2019 TO IMPROVE GROWTH.COSTS ASSOCIATED WITH ANTICIPATED BREXIT IN UNITED KINGDOM REFLECTED IN CO'S 2019 OUTLOOK.NOT EXPERIENCED MODERATION OF NET SALES GROWTH IN CHINA, TRAVEL RETAIL TO DATE.QTRLY NON-GAAP EARNINGS PER SHARE $1.55.  Full Article

The Estée Lauder Companies Declares Quarterly Dividend Of $.43 Per Share
Wednesday, 1 May 2019 

May 1 (Reuters) - Estee Lauder Companies Inc ::THE ESTÉE LAUDER COMPANIES INC. DECLARES QUARTERLY DIVIDEND OF $.43 PER SHARE.  Full Article

The Estée Lauder Companies Reports Fiscal 2019 Second Quarter Results
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Estee Lauder Companies Inc ::THE ESTÉE LAUDER COMPANIES ACHIEVES OUTSTANDING FISCAL 2019 SECOND QUARTER RESULTS.SEES Q3 2019 EARNINGS PER SHARE $1.26 TO $1.28 EXCLUDING ITEMS.Q2 ADJUSTED EARNINGS PER SHARE $1.86.Q2 SALES $4.01 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.92 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $1.55 -- REFINITIV IBES DATA.COMPANY RAISES FULL YEAR GUIDANCE.SEES Q3 2019 REPORTED NET SALES TO INCREASE BETWEEN 5% AND 6% VERSUS PRIOR-YEAR PERIOD.FY REPORTED NET SALES ARE FORECASTED TO INCREASE BETWEEN 5% AND 6% VERSUS PRIOR-YEAR PERIOD.SEES Q3 2019 REPORTED DILUTED NET EARNINGS PER COMMON SHARE BETWEEN $1.17 AND $1.20.FY REPORTED DILUTED NET EARNINGS PER COMMON SHARE ARE PROJECTED TO BE BETWEEN $4.55 AND $4.67.SEES Q3 2019 ADJUSTED DILUTED NET EARNINGS PER COMMON SHARE BETWEEN $1.26 AND $1.28.SEES FY ADJUSTED EARNINGS PER SHARE BETWEEN $4.92 AND $5.00.QTRLY EARNINGS PER SHARE $1.55.PLAN TO INCREASE OUR INVESTMENTS DURING NEXT SIX MONTHS.ESTEE LAUDER COMPANIES - EXPECTS TO TAKE CHARGES ASSOCIATED WITH LEADING BEAUTY FORWARD OF ABOUT $40 MILLION TO $45 MILLION, OR $.08 TO $.09 PER DILUTED COMMON SHARE.IN FY, ADOPTION OF ASC 606 IS EXPECTED TO REDUCE DILUTED NET EARNINGS PER COMMON SHARE BY APPROXIMATELY $.01.ESTEE LAUDER COMPANIES - EXPECTS CHARGES RELATING TO LEADING BEAUTY FORWARD IN FISCAL 2019 OF ABOUT $155 MILLION - $170 MILLION, $.33 - $.37/DILUTED COMMON SHARE.  Full Article

Estée Lauder Companies Declares Quarterly Dividend Of $.38 Per Share
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Estee Lauder Companies Inc ::THE ESTÉE LAUDER COMPANIES INC. DECLARES QUARTERLY DIVIDEND OF $.38 PER SHARE.  Full Article

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 "Estée Lauder Companies is not for sale‍​" ‍​
Monday, 28 Aug 2017 

Aug 28 (Reuters) - Estee Lauder Companies Inc :Estee lauder says "we are aware of recent press that speculates that the estée lauder companies may be in discussions regarding a potential sale or merger"‍​.Estee lauder companies inc says "estée lauder companies is not for sale‍​" ‍​.Estee lauder says "there is no truth" to rumors‍ regarding potential sale or merger of co.  Full Article

‍Estee Lauder CEO says In quarter passenger traffic grew high single digits - conf call‍​
Friday, 18 Aug 2017 

Aug 18 (Reuters) - Estee Lauder Companies Inc :‍Estee Lauder CEO - Biggest challenge has been in some U.S. brick-and-mortar department stores, which are struggling from falling foot traffic .Estee Lauder CEO - Trend of consumers shifting shopping preferences by channel accelerated, resulting in declining traffic in some U.S. brick-and-mortar stores ‍​.‍Estee Lauder CEO - In quarter passenger traffic grew high single digits, and resurgence of chinese tourists helps drive our strong performance - conf call​.‍Estee Lauder CEO says China business "accelerated" throughout the year, delivering growth of more than 40% in Q4 and 19% for the year - conf call​.‍Estee Lauder CEO says are rolling out too faced in Sephora in most European markets, including france and in Douglas in Germany - conf call​.‍Estee Lauder CEO says in several other markets such as China or Italy, department store are delivering strong gains - conf call​.Estee Lauder's head of IR says online division has grown sales at an average annual rate of about 25% and is margin accretive to company - conf call ‍​.  Full Article

UPDATE 2-Estee Lauder raises 2019 forecast on increased China demand

May 1 Estee Lauder Cos Inc raised its 2019 forecast for profit and sales on Wednesday after beating Wall Street expectations for third-quarter results on booming demand for luxury beauty products in China.