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The Estée Lauder Companies Inc. (NYSE: EL) is a globally recognized leader in the beauty industry. Specializing in high-quality skincare, makeup, fragrance, and hair care products, the company touches over half a billion consumers annually. Founded in 1946 by Estée Lauder and her husband, Joseph Lauder, the company has grown to be a dominant force in the luxury beauty market.
Estée Lauder's extensive portfolio includes well-known brands such as Estée Lauder, Clinique, MAC, Bobbi Brown, La Mer, Aveda, and many others. These products are sold in over 150 countries and territories, making the company's reach truly global. The firm's diverse distribution channels include department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
The company has a strong market presence, generating 28% of its revenue from the Americas, 39% from Europe, the Middle East, and Africa (including travel retail), and 33% from the Asia-Pacific region. In 2023, Estée Lauder achieved 52% of their total sales from skincare products, followed by 28% from makeup, 16% from fragrances, and 4% from hair care.
Recent achievements include significant participation in high-impact social initiatives. For instance, M·A·C Cosmetics continues its long-standing commitment to supporting the fight against HIV/AIDS through the VIVA GLAM campaign, which has raised over $520 million globally. Additionally, M·A·C Cosmetics was the exclusive backstage beauty sponsor for Howard University's 2024 Springfest Fashion Show, emphasizing diversity and representation in the fashion and beauty sectors.
Estée Lauder is continuously innovating and expanding its product lines to meet consumer demands. Its financial condition remains robust, supported by strategic partnerships and a dedicated workforce. The company is also deeply invested in sustainable practices and corporate social responsibility, aiming to create a positive impact on both the environment and the communities it serves.
For those looking to join a dynamic and impactful company, Estée Lauder offers numerous career opportunities, which can be explored on their official website, www.elcompanies.com.
The Estée Lauder Companies Inc. (NYSE: EL) announced a quarterly dividend of $.66 per share, payable on March 15, 2023, to stockholders of record by the close of business on February 28, 2023.
As a leading manufacturer in the beauty industry, Estée Lauder markets products across various segments, including skincare, makeup, and fragrance, under renowned brands like Estée Lauder, MAC, Clinique, and La Mer, available in approximately 150 countries.
The Estée Lauder Companies Inc. (NYSE: EL) is set to release its fiscal 2023 second quarter results on February 2, 2023, at 9:30 a.m. (ET). The live webcast will feature President and CEO Fabrizio Freda alongside EVP and CFO Tracey T. Travis discussing the results and future outlook. Estée Lauder, a leading global manufacturer of skincare, makeup, fragrance, and hair care products, operates in approximately 150 countries and territories, offering renowned brands including Estée Lauder, Clinique, M·A·C, and more. Investors can access the webcast at elcompanies.com/investors.
Fabrizio Freda, President and CEO of The Estée Lauder Companies (NYSE: EL), will participate in a fireside chat at Morgan Stanley’s Global Consumer & Retail Conference in New York on December 7, 2022, at 9:30 a.m. EST. Interested parties can access the live webcast during the event, which will last until 10:05 a.m. EST, via this link. The company is a leading manufacturer and marketer of skin care, makeup, fragrance, and hair care products, sold in approximately 150 countries under various renowned brands.
The Estée Lauder Companies Inc. (NYSE: EL) held its Annual Meeting of Stockholders, chaired by Executive Chairman William P. Lauder. The meeting included the re-election of board members and the ratification of PricewaterhouseCoopers LLP as independent auditors for the fiscal year. CEO Fabrizio Freda presented insights on recent financial results and the company's long-term strategies. Estée Lauder remains a leading manufacturer of skincare and beauty products, with a wide portfolio sold in approximately 150 countries.
The Estée Lauder Companies has announced its acquisition of the TOM FORD brand for
The Estée Lauder Companies Inc. (NYSE: EL) will hold its 2022 Annual Meeting of Stockholders virtually on November 18, 2022, at 10:00 a.m. (ET). Interested participants can access the meeting via the provided webcast link.
For additional details about the meeting, proxy statement materials, and related information, visit the company's investor relations website. Post-meeting, a replay of the webcast will be available online.
The Estée Lauder Companies reported Q1 fiscal 2023 net sales of $3.93 billion, down 11% YoY, with diluted EPS falling 28% to $1.35. Organic net sales decreased 5%, reflecting ongoing challenges from COVID restrictions in China and inflationary pressures. Despite these setbacks, adjusted EPS was $1.37, slightly above expectations. The company anticipates continued headwinds into Q2 but expects growth to resume in the second half of the fiscal year. The quarterly dividend was raised, reflecting confidence in long-term growth opportunities.
The Estée Lauder Companies Inc. (NYSE: EL) announced a 10% increase in its quarterly dividend, raising it from
The Estée Lauder Companies Inc. (NYSE: EL) will announce its fiscal 2023 first quarter results on November 2, 2022, at 9:30 a.m. (ET). A live webcast will be available for investors to discuss financial performance, future prospects, and corporate developments, hosted by CEO Fabrizio Freda and CFO Tracey T. Travis. The webcast can be accessed via the company’s investor relations site, and it will also be archived for later review. Estée Lauder is a key player in the beauty industry, offering products across various global brands.
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