Latest news with #EstéeLauderCompaniesInc
Business Upturn
30-05-2025
- Business
- Business Upturn
Lisa Sequino Appointed President, Makeup Brand Cluster, The Estée Lauder Companies
New York, United States: The Estée Lauder Companies Inc. (NYSE: EL) today announced the appointment of Lisa Sequino as the new President, Makeup Brand Cluster, responsible for leading the strategic direction and global growth of makeup, and overseeing the company's portfolio of makeup brands, including M·A·C, Bobbi Brown, Too Faced, Smashbox and GLAMGLOW. Ms. Sequino will report to Jane Hertzmark Hudis, Executive Vice President, Chief Brand Officer and will be effective in the role as of June 9, 2025. Advertisement This press release features multimedia. View the full release here: A respected leader with more than two decades of experience in the beauty industry, Ms. Sequino returns to The Estée Lauder Companies with a distinctive blend of deep institutional knowledge and proven success as a CEO. In her new role, she will be responsible for accelerating innovation and makeup trends, step-changing consumer recruitment and enhancing local relevance. Her appointment reflects the company's continued investment in strengthening its makeup category and unlocking long-term opportunity. 'We are thrilled to welcome Lisa as the new leader of our makeup cluster,' said Jane Hertzmark Hudis. 'She is a powerful leader with a strong record of driving brand and business results. Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth. Under Lisa's leadership, we are focused on winning with today's makeup consumer across generations, geographies and channels.' With nine years of experience at The Estée Lauder Companies in senior roles across both global and North America businesses, Ms. Sequino's extensive familiarity with the company and its brands will enable her to quickly accelerate momentum across the makeup brand cluster. She served as Senior Vice President and General Manager of Estée Lauder – North America, where she led the go-to-market strategy and execution for the company's flagship brand in its home region. She later advanced to Senior Vice President, Brands – North America, where she oversaw a multi-brand portfolio across skincare, makeup, and fragrance, and was responsible for optimizing brand synergies and accelerating execution across categories and channels in the region. Following her impactful tenure at the company, Ms. Sequino served as CEO of JLo Beauty, Jennifer Lopez's beauty brand, and most recently, was CEO of Supergoop!, where she fostered an indie and digital-first mindset to expand its global footprint. Under her leadership, Supergoop! captured emerging trends to launch innovative products for the brand – including tinted moisturizers, lip balms, and setting powders – that redefined the category for Supergoop! and broadened consumer usage occasions. 'I'm excited to return to The Estée Lauder Companies to help drive the next chapter of growth in the makeup category,' said Lisa Sequino. 'There's tremendous opportunity to reach new makeup consumers globally by accelerating innovation and trends, fast-tracking consumer acquisition across channels, driving digital and social media, and assuring local relevance to win with today's makeup consumer. I look forward to partnering with the incredible teams behind M·A·C, Bobbi Brown, Too Faced, Smashbox, and GLAMGLOW to unlock new opportunities, scale impact, and drive meaningful business results.' Cautionary Note Regarding Forward-Looking Statements Statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include those in the various quotations. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, actual results may differ materially from the Company's expectations. Factors that could cause actual results to differ from expectations include the ability to successfully implement the Company's strategy, including Beauty Reimagined and the profit recovery and growth plan; successfully transition its leadership; and those other factors described in the Company's filings with the Securities and Exchange Commission, including its most recent filings with the Securities and Exchange Commission. The Company assumes no responsibility to update forward-looking statements made herein or otherwise. About The Estée Lauder Companies The Estée Lauder Companies Inc. is one of the world's leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The Company's products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Fashion Network
01-05-2025
- Business
- Fashion Network
Estée Lauder predicts 2026 sales rebound after challenging year
Estée Lauder Companies Inc. expects to return to sales growth in 2026, even as it faces a sharper revenue decline than anticipated this year. The beauty group behind brands such as The Ordinary and Clinique forecasts an 8% to 9% drop in annual sales, deeper than Wall Street projections. While trade turmoil and a clouded economic outlook are adding to the deep-seated challenges the beauty giant was already facing, the company said it sees early signs its turnaround plans are working and that it can return to growth 'provided there is meaningful resolution of the recently enacted tariffs to mitigate potential related negative impacts,' CEO Stéphane de La Faverie said in a statement. The stock rose 5% in Thursday premarket trading in New York. Estée Lauder had dropped 20% for the year through Wednesday's close, compared with a 5.3% decline in the S&P 500 index. The company had pulled its guidance in October, well before the trade war escalated, because of weak and choppy demand for its products in China and the appointment of de La Faverie. Executives didn't provide an outlook when the company reported its second-quarter results on Feb. 4. When he took over as CEO on Jan. 1, De La Faverie was already digging Estée Lauder out of a financial hole. Sales had been falling because of plummeting demand for the company's beauty products in duty-free stores across Asia and slipping market share in the U.S., as competitors L'Oréal SA and smaller upstarts have been faster to seize on social media trends. With the trade war and the economic uncertainty that has ensued, the challenges facing de La Faverie are mounting. According to research from Oliver Chen at TD Cowen, Chinese consumers increasingly prefer local brands to foreign ones like those owned by Estée Lauder. And U.S. shoppers are feeling bleak about the economic outlook and watching their wallets. De La Faverie is trying to boost sales and profitability by expanding on a turnaround plan set by his predecessor, which includes layoffs and other cost-cutting measures. While many companies that sell nice-to-have items such as apparel and beauty products are starting to see a more cautious consumer, Estée Lauder has been faring worse than its peers. Rival L'Oréal reported stronger-than-expected sales in its most recent quarter, which ended in March, driven by demand for its high-end makeup and perfumes. The company stuck with its goal to increase sales and profit this year. At luxury conglomerate LVMH, the perfumes and cosmetics unit reported a slight decline in organic sales during the first quarter. That's the first time the division has had a dip in revenue since the pandemic. In the U.S., sales at cosmetics retailer Sephora slowed. LVMH executives, in part, blamed for being 'very aggressive' on pricing.
Fashion Network
01-05-2025
- Business
- Fashion Network
Estée Lauder predicts 2026 sales rebound after challenging year
Estée Lauder Companies Inc. expects to return to sales growth in 2026, even as it faces a sharper revenue decline than anticipated this year. The beauty group behind brands such as The Ordinary and Clinique forecasts an 8% to 9% drop in annual sales, deeper than Wall Street projections. While trade turmoil and a clouded economic outlook are adding to the deep-seated challenges the beauty giant was already facing, the company said it sees early signs its turnaround plans are working and that it can return to growth 'provided there is meaningful resolution of the recently enacted tariffs to mitigate potential related negative impacts,' CEO Stéphane de La Faverie said in a statement. The stock rose 5% in Thursday premarket trading in New York. Estée Lauder had dropped 20% for the year through Wednesday's close, compared with a 5.3% decline in the S&P 500 index. The company had pulled its guidance in October, well before the trade war escalated, because of weak and choppy demand for its products in China and the appointment of de La Faverie. Executives didn't provide an outlook when the company reported its second-quarter results on Feb. 4. When he took over as CEO on Jan. 1, De La Faverie was already digging Estée Lauder out of a financial hole. Sales had been falling because of plummeting demand for the company's beauty products in duty-free stores across Asia and slipping market share in the U.S., as competitors L'Oréal SA and smaller upstarts have been faster to seize on social media trends. With the trade war and the economic uncertainty that has ensued, the challenges facing de La Faverie are mounting. According to research from Oliver Chen at TD Cowen, Chinese consumers increasingly prefer local brands to foreign ones like those owned by Estée Lauder. And U.S. shoppers are feeling bleak about the economic outlook and watching their wallets. De La Faverie is trying to boost sales and profitability by expanding on a turnaround plan set by his predecessor, which includes layoffs and other cost-cutting measures. While many companies that sell nice-to-have items such as apparel and beauty products are starting to see a more cautious consumer, Estée Lauder has been faring worse than its peers. Rival L'Oréal reported stronger-than-expected sales in its most recent quarter, which ended in March, driven by demand for its high-end makeup and perfumes. The company stuck with its goal to increase sales and profit this year. At luxury conglomerate LVMH, the perfumes and cosmetics unit reported a slight decline in organic sales during the first quarter. That's the first time the division has had a dip in revenue since the pandemic. In the U.S., sales at cosmetics retailer Sephora slowed. LVMH executives, in part, blamed for being 'very aggressive' on pricing.
Yahoo
01-05-2025
- Business
- Yahoo
The Estée Lauder Companies Inc. (EL): Among Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump's Tariff Shockwave
We recently published a list of . In this article, we are going to take a look at where The Estée Lauder Companies Inc. (NYSE:EL) stands against other large-cap stocks insiders were buying in Q1 2025 before Trump's tariff shockwave. US stocks surged last week following President Trump's statement that he had 'no intention' of removing Federal Reserve Chair Jerome Powell, which helped alleviate concerns about the central bank's independence. Additionally, Trump took a more conciliatory stance on tariffs, suggesting that high import duties on China might eventually be reduced, writes Yahoo Finance. Amid tariff wars and market uncertainty, insider trading often draws attention. Insider stock purchases may signal executive confidence, while sales aren't necessarily negative—they could reflect personal or diversification choices. It's best to view insider trading in context with a company's financials and market conditions. Today, we're focusing on stocks that have seen heavy insider buying activity in the first quarter of the year. Using Insider Monkey's insider trading screener, we identified companies with market caps above $10 billion, where at least two insiders purchased shares in the past three months. From this list, we ranked the top 12 stocks with the highest value of insider purchases Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a customer's hands selecting beauty products from an online retailer. Market cap: $19.59 billion The Estée Lauder Companies Inc. (NYSE:EL) manufactures and sells skincare, makeup, fragrance, and hair care products worldwide. Its brands include Estée Lauder, Clinique, M·A·C, and La Mer, among others. The company distributes products through department stores, specialty retailers, salons, and online platforms. It is also considered one of the 12 best cosmetics stocks to buy for 2025. During the first quarter of the year, two insiders, including the company's CFO, purchased around $8.73 million worth of Estée Lauder shares at an average price of $66.16 per share. Year-to-date, the stock is down 29.3.63% and is trading at $57.26. Over the past 12 months, Estée Lauder shares have lost 61.14%. The Estée Lauder Companies Inc. (NYSE:EL) reported a 6% drop in net sales for the second quarter of fiscal 2025, totaling $4.0 billion. Despite lower sales, the gross margin improved to 76.1% due to cost-saving efforts. However, operating margin fell to -14.5% because of impairment and restructuring charges. The company also reported a loss per share of $1.64, compared to earnings per share of $0.87 last year. Cash flow from operations declined to $387 million, and capital spending was at $273 million. The company also paid $366 million in dividends. Overall, EL ranks 2nd on our list of large-cap stocks insiders were buying in Q1 2025 before Trump's tariff shockwave. While we acknowledge the potential of EL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than EL but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
The Estée Lauder Companies to Webcast Discussion of Fiscal 2025 Third Quarter Results on May 1, 2025
NEW YORK, April 25, 2025--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) will release its fiscal 2025 third quarter results on May 1, 2025. On that date, at 8:30 a.m. (ET), the Company will provide a live webcast of its conference call and presentation discussing the results, future prospects and recent corporate developments. Stéphane de La Faverie, President and CEO, and Akhil Shrivastava, EVP and CFO, will host the call. Those wishing to access the webcast can visit The call will be archived on the Company's website. The Estée Lauder Companies Inc. is one of the world's leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products, and is a steward of luxury and prestige brands globally. The Company's products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty. ELC-F View source version on Contacts Investors: Rainey Mancini rmancini@ Media: Jill Marvin jimarvin@ Sign in to access your portfolio
