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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) has announced a 13% increase in its quarterly dividend, raising it from
On January 28, 2022, The Estée Lauder Companies (NYSE:EL) announced key leadership changes in its international business following the retirement of Group President Cedric Prouvé. Peter Jueptner is appointed President, International, effective February 1, 2022, while Nadine Graf becomes Senior Vice President, General Manager, EMEA. Both leaders bring extensive experience in the beauty industry, and the company emphasizes its commitment to internal talent development and strategic growth across its global markets.
The Estée Lauder Companies (NYSE:EL) announced the retirement of Cedric Prouvé, Group President, International, effective June 30, 2022, after a 27-year tenure. Cedric has significantly contributed to the company’s international growth, increasing its revenue share from 43% to 77% since 2003. Under his leadership, the international organization expanded to over 35 affiliates in 150+ countries. A successor will be named soon, with Cedric assisting in the transition starting in February 2022.
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.
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
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.
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.
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%.
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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