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The Estee Lauder Companies Inc. - EL STOCK NEWS

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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.

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The Estée Lauder Companies Inc. (NYSE: EL) will announce its fiscal 2022 first quarter results on November 2, 2021, at 9:30 a.m. (ET). A live webcast will accompany the conference call, featuring CEO Fabrizio Freda and CFO Tracey T. Travis, discussing financial outcomes and future business prospects. Investors can access the webcast through the company’s investor relations page. Estée Lauder operates in approximately 150 countries, offering a range of beauty products under various prestigious brands.

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The Estée Lauder Companies (EL) has launched its 2021 Breast Cancer Campaign, aiming to create a breast cancer-free world with a global fundraising effort exceeding $99 million. The campaign supports over 60 organizations and funds lifesaving research, education, and services. Notably, it has allocated more than $80 million to 321 medical research grants via the Breast Cancer Research Foundation. The initiative underscores the urgency of addressing breast cancer disparities while promoting inclusivity and community engagement.

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The Estée Lauder Companies (NYSE: EL) has announced a three-year partnership with Amanda Gorman, dedicating $3 million to the WRITING CHANGE literacy initiative aimed at promoting equality and social change. Gorman, the youngest inaugural poet in U.S. history, will collaborate with the brand to inspire a new generation through campaigns launching in Spring 2022. This partnership aligns with the company’s commitment to women's empowerment and education, celebrating its 75th anniversary as a leader in the prestige beauty industry.

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Tracey T. Travis, CFO of The Estée Lauder Companies (NYSE: EL), will present at the Barclays Global Consumer Staples Conference on September 10, 2021, from 8:40 to 9:10 AM ET. Interested parties can access the live webcast at www.elcompanies.com/investors, where it will also be archived. The Estée Lauder Companies is a leading global manufacturer of skincare, makeup, fragrance, and hair care products, distributed in approximately 150 countries under various recognized brands.

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The Estée Lauder Companies reported net sales of $16.22 billion for the fiscal year ending June 30, 2021, a 13% increase from $14.29 billion in the prior year. Net earnings surged to $2.87 billion from $0.68 billion, equating to diluted EPS of $7.79, up from $1.86. Growth was fueled by acquisitions like Have&Be and strong performance in skin care, fragrance, and online sales, despite challenges from the ongoing COVID-19 pandemic. The company expects fiscal 2022 sales growth of 13%-16% and adjusted EPS growth of 9%-12%.

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The Estée Lauder Companies Inc. (NYSE: EL) announced a quarterly dividend of $.53 per share on its Class A and Class B Common Stock, payable on September 15, 2021, to shareholders of record as of August 31, 2021.

As a prominent global manufacturer of skincare and beauty products, Estée Lauder operates across approximately 150 countries with a diverse portfolio of brands, including Estée Lauder, Clinique, M·A·C, and more.

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The Estée Lauder Companies Inc. (NYSE: EL) will report its fiscal 2021 fourth quarter and full year results on August 19, 2021. The conference call will take place at 9:30 a.m. ET, featuring President and CEO Fabrizio Freda and EVP and CFO Tracey T. Travis. The call will focus on the company's performance, future prospects, and recent developments. Interested parties can access the live webcast at elcompanies.com/investors, where an archived version will also be available.

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The Estée Lauder Companies (NYSE:EL) has appointed Daniel Mahler as Executive Vice President, Global Transformation and Category Leadership, effective July 1, 2021. Mahler will report to Fabrizio Freda and Tracey T. Travis. His leadership is expected to enhance ELC's focus on high-growth markets, improve brand innovation, and strengthen digital capabilities. Mahler has previously led enterprise-wide changes at ELC and played a key role in the company’s success during the COVID-19 pandemic, helping ELC adapt to the evolving market landscape.

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The Estée Lauder Companies (NYSE:EL) announced promotions for two key leaders, effective July 1, 2021. Michelle Freyre advances to Global Brand President of Clinique, acknowledging her role in driving double-digit growth and leading Clinique to be the top ELC brand in North America online. Glenn Evans steps up to Global Brand President for Smashbox and GLAMGLOW, focusing on sustainable growth and product innovations. Both promotions reflect the company’s commitment to leadership that drives brand performance and aligns with an inclusive corporate culture.

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Fabrizio Freda, President and CEO of The Estée Lauder Companies (NYSE: EL), will present at the dbAccess Global Consumer Conference 2021 on June 8, 2021, at 9:00 AM ET. The presentation will be available via live webcast and can be accessed at www.elcompanies.com/investors. The event will last until 9:45 AM ET and will also be archived for later viewing.

The Estée Lauder Companies is a leading global manufacturer of premium skincare, makeup, fragrance, and hair care products, sold in approximately 150 countries.

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FAQ

What is the current stock price of The Estee Lauder Companies (EL)?

The current stock price of The Estee Lauder Companies (EL) is $99.87 as of September 27, 2024.

What is the market cap of The Estee Lauder Companies (EL)?

The market cap of The Estee Lauder Companies (EL) is approximately 36.1B.

What does The Estée Lauder Companies Inc. specialize in?

The Estée Lauder Companies Inc. specializes in high-quality skincare, makeup, fragrance, and hair care products.

In how many countries are Estée Lauder's products sold?

Estée Lauder's products are sold in over 150 countries and territories.

Which brands are part of Estée Lauder's portfolio?

Estée Lauder's portfolio includes brands such as Estée Lauder, Clinique, MAC, Bobbi Brown, La Mer, Aveda, and many more.

What percentage of Estée Lauder's revenue comes from skincare products?

In 2023, 52% of Estée Lauder's revenue came from skincare products.

How does Estée Lauder distribute its products?

Estée Lauder distributes its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

What social causes does Estée Lauder support?

Estée Lauder supports various social causes, including the fight against HIV/AIDS through M·A·C Cosmetics' VIVA GLAM campaign.

What is the VIVA GLAM campaign?

The VIVA GLAM campaign by M·A·C Cosmetics raises funds to support women and girls, the LGBTQIA+ community, and people living with or affected by HIV/AIDS.

Where can I find career opportunities at Estée Lauder?

Career opportunities at Estée Lauder can be found on their official website, www.elcompanies.com.

What regions contribute to Estée Lauder's revenue?

Estée Lauder generates 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.

What recent events has Estée Lauder been involved in?

Recently, M·A·C Cosmetics participated as a Platinum Sponsor in the London Red Run to raise funds for HIV charities and was the exclusive backstage beauty sponsor for Howard University's 2024 Springfest Fashion Show.

The Estee Lauder Companies Inc.

NYSE:EL

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EL Stock Data

36.13B
233.43M
0.39%
91.34%
1.25%
Household & Personal Products
Perfumes, Cosmetics & Other Toilet Preparations
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