34 stories mentioning ELUpdated 1d ago
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Estee Lauder (EL) said Tuesday it is launching a new fragrance, Glimmer, for a new generation of consumers in August.The company said actress and singer Hailee Steinfeld will star as the face of Glimmer campaign.Price: $84.63, Change: $+1.43, Percent Change: +1.71%
Estee Lauder's (EL) turnaround appears to be gaining momentum as key brands perform better and demand from luxury consumers remains resilient, RBC Capital Markets said in a report Thursday.Circana data showed the company gaining both dollar and volume share on a two-year average basis, while Numerator data also indicated "healthy performance" across the company's beauty categories, according to the report.The firm said travel-retail trends remain uneven but are showing "signs of stabilization," particularly in China's Hainan province. However, weaker duty-free sales in South Korea and disruptions tied to changes in airport retail operators could create near-term pressure, the report said.The Middle East remains a wildcard because the company's fiscal 2027 outlook assumes no major disruptions from regional conflict, RBC said. The firm said Estee Lauder may prudently begin the year near the lower end of its forecast for 3% to 5% sales growth and a 12.5% to 13% adjusted operating margin, according to the report.RBC reiterated an outperform rating on Estee Lauder with a price target of $111.Price: $79.67, Change: $-2.96, Percent Change: -3.58%
Estee Lauder (EL) has an average rating of overweight and mean price target of $94.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $83.20, Change: $+0.89, Percent Change: +1.09%
Consumer stocks declined late Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 1.9%.In corporate news, Domino's Pizza's (DPZ) Q2 results are expected to reflect near-term pressure from macro headwinds, elevated promotional activity, and difficult comparisons, UBS Securities said. Domino's shares fell 3%.Tesla's (TSLA) expansion into Miami saw Robotaxis debuting with fewer drivers and without people acting as safety monitors in passenger seats during early rides, The Information reported. Tesla shares fell 2.4%.Paramount Skydance's (PSKY) $110 billion bid to acquire Warner Bros. Discovery (WBD) is facing a new hurdle after Oregon Attorney General Dan Rayfield said he will ask a local court to pause the merger for 60 days, Reuters reported. Paramount shares fell 2.9%.Estee Lauder (EL) approved an additional $197 million in restructuring and related charges, bringing total costs under a recovery and growth plan to $1.75 billion. The latest charges comprise $74 million in employee-related costs, $87 million in asset-related costs and smaller contract-termination and exit costs, the company said Tuesday. Estee shares fell 3.3%.
Consumer stocks were lower Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 2%.In corporate news, Tesla's (TSLA) expansion into Miami saw Robotaxis being debuted with fewer drivers and without people acting as safety monitors and sitting in passenger seats for early rides, The Information reported. The launch represents Tesla CEO Elon Musk's strategy of rapidly expanding Robotaxi service without the kind of market-by-market training as seen in rival Alphabet's (GOOG, GOOGL) Waymo, the report said. Tesla shares were down 2.5%.Estee Lauder (EL) approved an additional $197 million in restructuring and related charges, bringing total costs under a recovery and growth plan to $1.75 billion. The latest charges comprise $74 million in employee-related costs, $87 million in asset-related costs and smaller contract termination and exit costs, the company said Tuesday in a regulatory filing. Estee shares fell 3.3%.Toyota Motor's (TM) decision to move production of its Tacoma pickup truck from Mexico to Texas has raised concerns that more automakers could shift production out of Mexico amid growing uncertainty over US-Mexico trade ties, Bloomberg reported. Toyota shares were down 1.4%.
Consumer stocks were mixed pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.5% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.7%.Dream Finders Homes (DFH) raised its takeover offer for rival Beazer Homes USA (BZH) to $32 in cash per Beazer share, from the previous cash offer of $29.25 per share that was submitted in June. Beazer Homes shares were up over 14% premarket.Estee Lauder (EL) approved an additional $197 million in restructuring and related charges, bringing total costs under a recovery and growth plan to $1.75 billion. Shares of Estee Lauder were down more than 2% pre-bell.Helen of Troy (HELE) shares were up more than 1% after the company raised its fiscal 2027 net sales guidance.
Estee Lauder Companies (EL) has an average rating of overweight and mean price target of $94.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Consumer stocks rose late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) adding 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) increasing 0.4%.In sector news, US consumer sentiment declined to a fresh record low in May as people fear that high gasoline prices could erode their purchasing power, University of Michigan said Friday. The main sentiment index tumbled 10% to 44.8 from last month. The consensus in a Bloomberg-compiled poll was for May's print to stay unchanged from a preliminary 48.2 estimate.In corporate news, Ross Stores (ROST) shares climbed 8% after the discount retailer lifted its full-year outlook and reported better-than-expected fiscal Q1 results.Imax (IMAX) shares jumped past 14% after The Wall Street Journal reported the company is exploring a sale and has approached entertainment companies as potential buyers.Estee Lauder (EL) shares rose nearly 12% after the cosmetics company and Puig said late Thursday they have ended discussions over a potential merger.Uber (UBER) is evaluating options for a complete buyout of Delivery Hero, Bloomberg reported. Uber shares were down 2.4%.
Consumer stocks advanced Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.9%.In sector news, US consumer sentiment declined to a fresh record low in May as people fear that high gasoline prices could erode their purchasing power, University of Michigan said Friday. The main sentiment index tumbled 10% to 44.8 from last month. The consensus in a Bloomberg-compiled poll was for May's print to stay unchanged from a preliminary 48.2 estimate.In corporate news, Ross Stores (ROST) shares climbed past 6% after the discount retailer lifted its full-year outlook and reported better-than-expected fiscal Q1 results.Imax (IMAX) shares jumped 15% after The Wall Street Journal reported the company is exploring a sale and has approached entertainment companies as potential buyers.Estee Lauder (EL) shares rose 9% after the cosmetics company and Puig said late Thursday they have ended discussions over a potential merger.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:On Thursday, EL announced it terminated discussions around a potential strategic combination with Puig Brands (PUIG 15 NR). Shares rose 10%, reflecting investor relief over avoided integration risk and balance sheet strain. We share this view. EL can now focus on its 'Beauty Reimagined' turnaround. We raise our PT to $93, applying 31x (from 29x) to our unchanged FY27 EPS of $2.99, supported by reduced deal uncertainty and improved strategic clarity. Our multiple is a discount to EL's 40x five-year average, warranted by turnaround execution risk, and a premium to the 26x S&P 1500 Consumer Discretionary index given EL's brand strength. We maintain our Hold opinion, balancing improved execution visibility against a cautious consumer backdrop. EL recently raised organic growth guidance to 3% (from 1-3%) due to DTC momentum, but we remain watchful of trade-down risk among middle-income consumers toward mass-market alternatives. Near-term, we look for margin progression and China recovery as key catalysts.
Consumer stocks were rising pre-bell Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.4%.Estee Lauder (EL) shares were up more than 12% after the company and Puig said they have ended discussions over a potential merger.BJ's Wholesale Club (BJ) stock was down more than 4% after the company reported a decline in fiscal Q1 adjusted earnings.Yum China Holdings (YUMC) said its KFC light-meal business KPRO, now operates more than 300 sites in China. Shares of Yum China Holdings were down more than 1% premarket.
Consumer stocks were rising pre-bell Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.4%.Estee Lauder (EL) shares were up more than 11% after the company and Puig said they have ended discussions over a potential merger.
US equity indexes end lower on Tuesday after the 30-year treasury yield hit a near two-decade high, the chances of an interest rate hike increased and President Donald Trump threatened to resume strikes if Iran fails to reach a peace deal.* President Trump warned strikes would resume on Iran in the coming days as part of the push for a deal to end the war, after he said he had just called off a US attack, Bloomberg reported.* The probability of a 25 basis-point increase in US interest rates in December was at over 40% from 1% a month ago, according to the CME FedWatch tool Tuesday.* Redbook US same-store sales rose by 8.1% from a year earlier in the week ended May 16 after a 9.6% year-over-year increase in the previous week.* June West Texas Intermediate crude oil fell $0.07 to settle at $108.59 per barrel, while July Brent crude, the global benchmark, was last seen down $0.85 at $111.25.* The Kroger (KR) shares were up about 3.4%, the biggest gainer on the S&P 500, after the company said it has been included among the 2026 Axios Harris Poll 100, an annual ranking of the most visible companies in the US.* Estee Lauder (EL) remains in talks with Puig over a potential business combination, though there's no announcement to make yet, Reuters reported, citing Estee Lauder CEO Stephane de La Faverie. Estee Lauder shares were down 5.4%, the steepest decliner on the S&P 500.
Consumer stocks were mixed late Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1.1%.In sector news, Redbook US same-store sales last week rose 8.1% from a year earlier after a 9.6% increase in the previous week. "Coming off last-minute Mother's Day shopping on Sunday, sales and traffic slowed across the board in the middle of the week, but picked up during the weekend as graduation, BBQ season, and warm weather approached," Redbook said.In corporate news, Estee Lauder (EL) remains in talks with Puig over a potential business combination, though there's no announcement to make yet, Reuters reported, citing Estee Lauder CEO Stephane de La Faverie. Estee Lauder shares fell 5.4%.Home Depot (HD) reported fiscal Q1 results above market expectations despite consumer uncertainty, while the home improvement retailer reiterated its full-year outlook.The shares rose 0.7%.Wall Street banks started a debt sale on behalf of Warner Bros. Discovery (WBD) comprised of a $5 billion dollar loan and a 1 billion euro ($1.16 billion) loan, Bloomberg reported. Warner Bros. shares were little changed.Amer Sports (AS) raised its full-year guidance after the Finnish sports equipment company reported better-than-expected Q1 results. Amer shares climbed 1.8%.
Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1.1%.In corporate news, Estee Lauder (EL) remains in talks with Puig over a potential business combination, though there's no announcement to make yet, Reuters reported, citing Estee Lauder Chief Executive Stephane de La Faverie. Estee Lauder shares fell 5.3%.
Estee Lauder (EL) remains in talks with Puig over a potential business combination, though there's no announcement to make yet, Reuters reported Tuesday, citing Estee Lauder Chief Executive Stephane de La Faverie.Shares dropped 4.5%, with intraday trading volume rising to over 2.26 million from a daily average of about 4.44 million.XP (XP) shares slumped more than 5% after the company reported Q1 results that fell short of analyst expectations.More than 8.26 million shares traded intraday, compared with a daily average of about 5.67 million.MakeMyTrip (MMYT) shares were down about 10% following its fiscal Q4 results.More than 1.12 million shares of the company traded intraday, compared with a daily average of about 1.43 million.Price: $76.12, Change: $-3.90, Percent Change: -4.87%
Consumer stocks were advancing premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.4% higher.Interface (TILE) shares were up nearly 11% after the company posted higher fiscal Q1 adjusted earnings and net sales, and raised its fiscal 2026 outlook.Wendy's (WEN) stock was up more than 4% after the company reported Q1 adjusted earnings and revenue that topped analysts' expectations, with revenue increasing year over year.Zara has denied infringing Estee Lauder's (EL) Jo Malone trademark in an infringement case, Reuters reported, citing a court filing. Estee Lauder shares were 0.8% higher pre-bell.
Estee Lauder (EL) has an average rating of overweight and mean price target of $93.19, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $85.76, Change: $-0.91, Percent Change: -1.05%
Estee Lauder's (EL) turnaround continues, but headwinds from the Middle East conflict could still weigh on fiscal Q4 results, RBC Capital Markets said in a Monday note.Estee Lauder reported fiscal Q3 adjusted earnings of $0.91 per diluted share, up from $0.65 a year earlier, as net sales increased to $3.71 billion from $3.55 billion. The company also raised its fiscal 2026 adjusted EPS outlook to between $2.35 and $2.45, from $2.05 to $2.25 previously.Business disruptions from the Middle East conflict are estimated to have a negative impact of $0.07 to the company's fiscal 2026 EPS and $0.06 dilutive to fiscal Q4 EPS, the investment firm said. RBC noted that Estee Lauder's updated outlook "assumes no deterioration" in the Middle East beyond May, along with current market conditions.The guidance is still "reasonable" and positions Estee Lauder to hit its targets, RBC added.RBC Capital Markets has an outperform rating and $111 price target on Estee Lauder.Price: $81.35, Change: $+2.05, Percent Change: +2.59%
(Updates with the analyst's commentary.)Morgan Stanley raised its price target on Estee Lauder (EL) to $90 from $85 while maintaining its equalweight rating.The brokerage said in a Monday note it is "encouraged" by Organic Sales Growth and with "a faster margin recovery" but held back by OSG concentration and "skepticism around a potential Puig deal."Morgan Stanley said OSG results are "China driven" and while emerging markets and online continue to outperform, growth is "limited" outside these areas, with The Americas experiencing a flat OSG.The brokerage said it questions whether acquiring beauty firm Puig is "worth the opportunity cost," given the company's complexity and "the cultural risk of merging two family-run companies" while Estee Lauder is itself "undergoing a complex initial restructuring."Estee Lauder has an average rating of overweight and mean price target of $96.82, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $80.95, Change: $+1.65, Percent Change: +2.08%
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