|Last Price$23.70||Day Change (%)0.30%|
|Open Price$23.70||Day Change ($)0.07|
|Day Range23.70–23.70||52-Week Range19.69–24.35|
As of Fri 03/24/2017 | USD
Good day, everyone, and welcome to Estee Lauder Companies' Fiscal 2014 Third Quarter Conference Call. Today's call is being recorded and webcast.
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After an upbeat outlook at its analyst day in March, Estee Lauder's EL third-quarter results came as a bit of a surprise. While sales in the quarter increased by 7.1% to $1.58 billion, including a positive 2% boost from foreign exchange, operating profit margins declined 130 basis points when ...
Estee Lauder EL delivered blockbuster second-quarter results Wednesday, the strongest performance we've seen from the firm in more than two years. We'd like to believe the company is indeed turning the corner on a prolonged period of lackluster performance, but one quarter does not a turnaround ...
It hasn't been a pretty situation in the beauty care aisle for some time, and Elizabeth Arden RDEN has seen sales suffer in its mass-market and department-store channels. The firm's fourth-quarter results were a bit below our expectations, but we are sticking with our $24 fair value estimate for ...
We see continued margin pressures, emerging-market opportunities, spin-off acquisition targets, plus some pockets of value in the sector.