Estee Lauder Companies Inc

NYSE:ELUnited States

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• DJ Est e Lauder Misses Goal Of Clearing Out Excess Inventory In Asia Travel Retail -- Market Talk, from 21 minutes ago by Dow Jones

  21 minutes ago by Dow Jones
  Companies Mentioned: EL
  
  0958 ET - Estée Lauder didn't meet its goal of clearing out excess inventory related to its travel Asia business by April. It did, however, make continued progress in achieving targeted retailer inventory levels, CEO Fabrizio Freda says. "We are encouraged by the evolution of our Asia Travel retail business this fiscal year as we execute our priority to reduce trade inventory in alignment with retailers and effort by local authorities to contain a structured market activity," Freda says on a call with analysts. Shares drop 6.4% to $137.24. (sabela.ojea@wsj.com; @sabelaojeaguix)
  

• DJ Est e Lauder Stock Is Dropping. China Problems Aren't Going Away. -- Barrons.com, from 26 minutes ago by Dow Jones

  26 minutes ago by Dow Jones
  Companies Mentioned: EL
  
  Angela Palumbo
  
  Estée Lauder stock was falling Wednesday after the cosmetics company lowered its sales outlook for the year as softness in China is expected to continue.
  
  

• Sector Update: Consumer Stocks Decline Premarket Wednesday, from 1 hour ago by MT Newswires

  1 hour ago by MT Newswires
  Companies Mentioned: SBUX, XLP, XLY, CDW, EL
  08:59 AM EDT, 05/01/2024 (MT Newswires) -- Consumer stocks were declining premarket Wednesday, with the Consumer Staples Select Sector SPDR Fund (XLP) 0.4% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%. Starbucks (SBU...

• What Does "Sustainable Beauty" Really Look Like Today?, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: EL
  
  By Amanda Elser Murray
  
  Originally published by POPSUGAR
  
  NORTHAMPTON, MA / ACCESSWIRE / May 1, 2024 / Take MAC Cosmetics, for example. When it first launched back in 1984, there was little education around recycling best practices and how plastic usage might impact the planet. Understanding this, in 1990, the company launched the industry's first take-back program Back to MAC, where you could bring your finished tube of lipstick to any MAC store and they would recycle it for you. Similarly, looking to the future, brands will need to reimagine the wheel.
  

• Estee Lauder Companies' Fiscal Q3 Adjusted Earnings, Net Sales Increase, from 2 hours ago by MT Newswires

  2 hours ago by MT Newswires
  Companies Mentioned: EL
  07:49 AM EDT, 05/01/2024 (MT Newswires) -- Estee Lauder Companies (EL) reported fiscal Q3 adjusted earnings Wednesday of $0.97 per diluted share, up from $0.47 a year earlier. Analysts polled by Capital IQ expected $0.50. Net sales for the quarter...