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The Estee Lauder Companies Inc. - EL STOCK NEWS

Welcome to our dedicated page for The Estee Lauder Companies news (Ticker: EL), a resource for investors and traders seeking the latest updates and insights on The Estee Lauder Companies stock.

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.

News

The Estée Lauder Companies to Issue $650.0 Million of Senior Notes

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Estée Lauder Companies Inc. announces the offering and pricing of $650.0 million aggregate principal amount of its 5.000% Senior Notes due 2034, following a registration statement filed with the SEC. The closing is expected soon.
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The Estée Lauder Companies Reports Fiscal 2024 Second Quarter Results

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Estée Lauder Companies Inc. (EL) reported a 7% decrease in net sales, with organic net sales falling 8%. Diluted EPS declined to $.87, reflecting challenges in Asia travel retail and softness in prestige beauty in mainland China. The company's effective tax rate increased to 37.6%. Despite the decline in sales, the company exceeded profitability expectations. The company is revising its FY24 outlook to narrow net sales range and lower adjusted diluted EPS for tax, while reaffirming operating profitability. The company also announced a restructuring program as part of its Profit Recovery Plan.
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The Estée Lauder Companies Inc. Declares Quarterly Dividend of $.66 Per Share

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The Estée Lauder Companies Inc. (EL) announced a quarterly dividend of $.66 per share on the Company’s Class A and Class B Common Stock, payable on March 15, 2024, to stockholders of record as of February 29, 2024. The company is a global leader in skincare, makeup, fragrance, and hair care products, with a presence in approximately 150 countries and territories. The brands include Estée Lauder, Clinique, M·A·C, La Mer, Bobbi Brown Cosmetics, and more.
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Clinique Partners with Icahn School of Medicine at Mount Sinai to Establish the Mount Sinai-Clinique Healthy Skin Dermatology Center

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Clinique and Icahn School of Medicine at Mount Sinai have announced a partnership to establish the Mount Sinai-Clinique Healthy Skin Dermatology Center. The center aims to conduct research in dermatology, focusing on skin aging, allergies, and inflammatory skin conditions. The partnership will develop treatments for skin conditions, including eczema and contact dermatitis, and work towards slowing the visible signs of aging in patients with these conditions. The research will also inform Clinique's future product innovation to offer solutions for people with allergic or sensitive skin. Clinique has committed $5 million over seven years for the center's advancement and evolution of allergy science.
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MAC Cosmetics Marks 30 Years of VIVA GLAM With New MACximal Silky Matte VIVA GLAM Lipsticks & Expanded Mission

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M·A·C Cosmetics has raised over $520,000,000 through its VIVA GLAM campaign, introducing modernized VIVA GLAM Lipsticks with a philanthropic mission. The new lipstick names reflect VIVA GLAM's 30-year celebration and wider charitable scope, focusing on sexual, gender, racial, and environmental equality. M·A·C VIVA GLAM advocates for societal change and better lives for everyone, supporting healthy futures and equal rights. The new lipstick shades aim to promote equality and provide resources to advance justice and sustainability.
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The Estée Lauder Companies to Webcast Discussion of Fiscal 2024 Second Quarter Results on February 5, 2024

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The Estée Lauder Companies Inc. (EL) will release its fiscal 2024 second quarter results on February 5, 2024. The live webcast of the conference call discussing the results, future prospects, and recent corporate developments will be hosted by Fabrizio Freda, President and CEO, and Tracey T. Travis, EVP and CFO. The company is a leading manufacturer, marketer, and seller of skincare, makeup, fragrance, and hair care products, with a global presence in approximately 150 countries and territories. The product portfolio includes well-known brands such as Estée Lauder, Clinique, M·A·C, La Mer, Bobbi Brown Cosmetics, and many others.
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MAC Cosmetics Serves As Official Partner of 27th Operngala Berlin

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M·A·C Cosmetics Germany (MCG) sponsored the 27th annual Operngala in Berlin, presenting a 100,000€ donation to Deutsche AIDS-Stiftung's Cape Town Hope project. The event generated over 4.5M impressions through influencer content, showcasing MCG's support of the organization.
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ESTEE INVESTOR DEADLINE APPROACHING

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Faruqi & Faruqi, LLP is investigating potential claims against The Estée Lauder Companies Inc. (NYSE: EL) for securities law violations. Investors who suffered losses exceeding $100,000 investing in Estee stock or options between August 18, 2022, and May 2, 2023, are encouraged to contact the firm to discuss their legal rights. The complaint alleges that the company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose important information.
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Estée Lauder Announces New Skin Longevity Initiative, The Next Frontier of Beauty

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Estée Lauder (EL) announces its new Skin Longevity platform, backed by 15 years of skin longevity research. The brand introduces a new product with age reversal technology, aiming to redefine the approach to skincare. Estée Lauder forms a longevity expert collective and supports the Stanford Center on Longevity to further research in this field.
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MAC Gives Back for World AIDS Day Global Volunteer Initiative

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M∙A∙C Cosmetics (ticker symbol: MAC) employees volunteer with nonprofit organizations in honor of World AIDS Day, with over 100 employees preparing and packing thousands of nutritious meals for New Yorkers. The brand has raised over $520 million through the sale of VIVA GLAM lipsticks to support healthy futures and equal rights for all.
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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 $74.36 as of December 20, 2024.

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

The market cap of The Estee Lauder Companies (EL) is approximately 26.7B.

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.

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The Estee Lauder Companies Inc.

NYSE:EL

EL Rankings

#435 Ranked by Market Cap
#1444 Ranked by Dividends

EL Stock Data

26.71B
232.35M
0.43%
90.07%
2.19%
Household & Personal Products
Perfumes, Cosmetics & Other Toilet Preparations
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