On Wednesday, the company said it had appointed a longtime employee, Stephane de la Faverie, as its new chief executive officer and president. He will take the helm at Estée on Jan. 1.
The Estee Lauder Companies Inc. (NYSE:EL ) Q1 2025 Earnings Conference Call October 31, 2024 9:30 AM ET Company Participants Rainey Mancini - SVP of IR Fabrizio Freda - President and CEO Tracey Travis - EVP and CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Steve Powers - Deutsche Bank Lauren Lieberman - Barclays Bryan Spillane - Bank of America Merrill Lynch Rupesh Parikh - O...
Estée Lauder (EL) shares tanked 20% Thursday after the luxury beauty products maker warned about softness in China and the Asia travel market, pulled its full-year guidance, and cut its dividend.
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) declared a quarterly dividend of $.35 per share on its Class A and Class B Common Stock on December 16, 2024 to stockholders of record at the close of business on November 29, 2024, a reduction from its previous quarterly dividend of $.66 per share. As stated in the Company's press release announcing the fiscal 2025 first qua...
Estee Lauder withdrew its 2025 sales and profit forecasts on Thursday due to a slowdown in demand for luxury beauty products in major markets such as China.
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