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Estee Lauder Companies Inc (EL.N)

EL.N on New York Stock Exchange

141.04USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Estee Lauder announces collaboration with Google
Thursday, 16 Nov 2017 09:07am EST 

Nov 16 (Reuters) - Estee Lauder Companies Inc -:Estee Lauder - ‍co announces its collaboration with Google to offer consumers services for Google Assistant on Google Home​.  Full Article

Estée Lauder reports Q1 earnings of $1.14/shr
Wednesday, 1 Nov 2017 06:45am EDT 

Nov 1 (Reuters) - Estee Lauder Companies Inc :The Estée Lauder Companies achieves outstanding fiscal 2018 first quarter results.Q1 sales $3.27 billion versus I/B/E/S view $3.17 billion.Estee Lauder Companies Inc - qtrly net earnings per common share $1.14.Q1 earnings per share view $0.97 -- Thomson Reuters I/B/E/S.Sees Q2 2018 earnings per share $1.28 to $1.32.Sees Q2 2018 earnings per share $1.38 to $1.41 excluding items.Sees Q2 2018 sales up 13 to 15 percent.Sees FY 2018 earnings per share $4.04 to $4.12 excluding items.Sees FY 2018 earnings per share $3.77 to $3.88.Sees FY 2018 sales up 10 to 11 percent.Estee lauder companies - Q2 ‍foreign currency translation is expected to positively impact sales by approximately 3% to 4% versus prior-year period​.Estee Lauder - acquisitions of Too Faced, Becca are forecasted to contribute about 3 percentage points of incremental sales to overall sales growth​ in Q2.Estee Lauder Companies - for FY 2018 foreign currency translation expected to positively impact sales by about 2% versus prior-year period​.Estee Lauder Companies Inc - Q2 ‍net sales are forecasted to grow between 10% and 11% in constant currency​.Estee Lauder Companies Inc - ‍for full year fiscal 2018 net sales are forecasted to grow between 8% and 9% in constant currency​.Estee Lauder - ‍expects to take charges associated with previously approved restructuring, other activities in q2 of about $50 million to $55 million.  Full Article

Estee Lauder Companies Inc increases quarterly dividend 12 pct to $0.38 per share
Wednesday, 1 Nov 2017 06:30am EDT 

Nov 1 (Reuters) - Estee Lauder Companies Inc :The Estée Lauder Companies Inc increases quarterly dividend 12% to $.38 per share.  Full Article

Estee Lauder says "Estée Lauder Companies is not for sale‍​" ‍​
Monday, 28 Aug 2017 09:34am EDT 

Aug 28 (Reuters) - Estee Lauder Companies Inc :Estee lauder says "we are aware of recent press that speculates that the estée lauder companies may be in discussions regarding a potential sale or merger"‍​.Estee lauder companies inc says "estée lauder companies is not for sale‍​" ‍​.Estee lauder says "there is no truth" to rumors‍ regarding potential sale or merger of co.  Full Article

‍Estee Lauder CEO says In quarter passenger traffic grew high single digits - conf call‍​
Friday, 18 Aug 2017 10:31am EDT 

Aug 18 (Reuters) - Estee Lauder Companies Inc :‍Estee Lauder CEO - Biggest challenge has been in some U.S. brick-and-mortar department stores, which are struggling from falling foot traffic .Estee Lauder CEO - Trend of consumers shifting shopping preferences by channel accelerated, resulting in declining traffic in some U.S. brick-and-mortar stores ‍​.‍Estee Lauder CEO - In quarter passenger traffic grew high single digits, and resurgence of chinese tourists helps drive our strong performance - conf call​.‍Estee Lauder CEO says China business "accelerated" throughout the year, delivering growth of more than 40% in Q4 and 19% for the year - conf call​.‍Estee Lauder CEO says are rolling out too faced in Sephora in most European markets, including france and in Douglas in Germany - conf call​.‍Estee Lauder CEO says in several other markets such as China or Italy, department store are delivering strong gains - conf call​.Estee Lauder's head of IR says online division has grown sales at an average annual rate of about 25% and is margin accretive to company - conf call ‍​.  Full Article

Estée Lauder Companies Q4 sales $2.89 billion
Friday, 18 Aug 2017 06:45am EDT 

Aug 18 (Reuters) - Estee Lauder Companies Inc :The Estée Lauder Companies delivers strong fiscal year 2017 results.Q4 sales $2.89 billion versus I/B/E/S view $2.85 billion.Sees Q1 2018 earnings per share $0.94 to $0.97 excluding items.Sees FY 2018 earnings per share $3.87 to $3.94 excluding items.Sees FY 2018 earnings per share $3.60 to $3.70.Sees Q1 2018 earnings per share $0.85 to $0.89.Sees Q1 2018 sales up 9 to 10 percent.For quarter, negative impact of foreign currency translation on diluted net earnings per common share was $.01.During fiscal 2017 Q4, company recorded restructuring and other charges of $78 million ($55 million after tax), equal to $.15 per diluted share​.Expects to take charges associated with previously approved restructuring activities in fiscal 2018 of about $135 million-$155 million.Says "‍in 2018 fiscal year, we expect to see initial net benefits from our leading beauty forward initiative​".Expects to take charges associated with previously approved restructuring, other activities in fiscal 2018 Q1 of about $45 million to $50 million​.Sees positively impact of foreign currency translation on sales by about 1% versus prior-year period in fiscal 2018.Fy2018 earnings per share view $3.79, revenue view $12.60 billion -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.91, revenue view $3.09 billion -- Thomson Reuters I/B/E/S.Qtrly diluted earnings per share $0.61‍​.  Full Article

Estée Lauder Companies declares qtrly dividend of 34 cents/shr
Friday, 18 Aug 2017 06:30am EDT 

Aug 18 (Reuters) - Estee Lauder Companies Inc :The Estée Lauder Companies Inc declares quarterly dividend of $.34 per share.  Full Article

Estee Lauder Companies Inc company approved certain initiatives under leading beauty forward
Tuesday, 13 Jun 2017 05:25pm EDT 

June 13 (Reuters) - Estee Lauder Companies Inc : :Estee Lauder Companies Inc says between April 1, 2017 and June 8, 2017, company approved certain initiatives under leading beauty forward .Estee Lauder Companies Inc says company continued to approve initiatives to realign and optimize its organization.Estee Lauder Companies - actions will result in a net reduction of workforce, which includes position eliminations, re-leveling of certain positions.Estee Lauder Companies -once relevant accounting criteria have been met, expects to record restructuring & other charges of about $95 million from the initiatives.  Full Article

Estee Lauder Q3 adjusted earnings per share $0.91
Wednesday, 3 May 2017 06:45am EDT 

May 3 (Reuters) - Estee Lauder Companies Inc :The estée lauder companies reports strong sales and earnings growth in fiscal 2017 third quarter.Q3 sales $2.86 billion versus i/b/e/s view $2.81 billion.Sees fy 2017 earnings per share $3.32 to $3.37 excluding items.Sees fy 2017 earnings per share $3.02 to $3.09.Q3 adjusted earnings per share $0.91.Sees fy 2017 sales up 4 to 5 percent.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Estee lauder companies inc- fy 2017 foreign currency translation is expected to negatively impact sales by approximately 2% versus prior-year period.Estee lauder companies inc- full year fiscal 2017 net sales are forecasted to grow between 6% and 7% in constant currency.Estee lauder companies inc - "plan to increase targeted investment spending to further our momentum into fiscal 2018".Estee lauder- expects to take charges associated with previously approved restructuring and other activities in fy 2017 of about $160 million-$170 million.Estee lauder companies inc- negative currency impact on sales growth equates to about $.13 of earnings per share for full year fiscal 2017.Estee lauder companies inc- global prestige beauty estimated to grow approximately 4% to 5% for fiscal 2017 full year.Estee lauder companies inc - qtrly reported eps $0.80.Fy2017 earnings per share view $3.32 -- Thomson Reuters I/B/E/S.  Full Article

Estee Lauder Companies sets quarterly dividend of $0.34 per share
Wednesday, 3 May 2017 06:30am EDT 

May 3 (Reuters) - Estee Lauder Companies Inc :Sets quarterly dividend of $0.34per share.  Full Article

BRIEF-Estée Lauder Q2 Adjusted Earnings Per Share $1.52

* THE ESTÉE LAUDER COMPANIES FISCAL 2018 SECOND QUARTER SALES INCREASE 17%