$EL (The Estée Lauder Companies Inc.)

$EL {{ '2016-02-05T14:52:28+0000' | timeago}} • Webcast

$EL said during 2Q16 it added 69 brand retailers and third party sites worldwide. In Oct. 2015, Bobbi Brown had an interactive beauty class that generated more than 1.1MM social media impressions. The company stated that it has approx. 1,500 freestanding stores worldwide that are managed directly by $EL or its partners.

$EL {{ '2017-06-16T10:49:08+0000' | timeago}} • Announcement

$EL announced that it has invested in a beauty company named DECIEM, a vertically integrated multi-brand company, driven by a consumer-centric focus. Terms of the investment were not disclosed. DECIEM was founded in 2013 in Toronto, Ontario by Brandon Truaxe, who leads the company along with Co-CEO Nicola Kilner.

$EL {{ '2017-05-23T15:27:38+0000' | timeago}} • Announcement

$EL said Sandra Main will add Bobbi Brown to her portfolio as Global Brand President, Bobbi Brown and La Mer. She will continue to report to Jane Hertzmark Hudis, Group President. The changes are effective July 1, 2017.

$EL {{ '2017-05-23T15:26:22+0000' | timeago}} • Announcement

$EL said Peter Lichtenthal, Global Brand President, Bobbi Brown and Bumble and bumble, plans to retire in January 2018. He will also support Jane Hertzmark Hudis on special assignments until his eventual retirement. Succeeding Lichtenthal at Bumble and bumble is Zach Rieken who will continue as SVP, Global General Manager, Bumble and bumble.

$EL {{ '2017-05-23T15:24:44+0000' | timeago}} • Announcement

$EL said Dominique Conseil, Global Brand President, Aveda, has announced plans to retire. Succeeding Conseil is Barbara De Laere, who has been appointed SVP, Global General Manager, Aveda. Justin Boxford has been appointed SVP, Global General Manager, La Mer, reporting to Sandra Main. The changes are effective July 1, 2017.

$EL {{ '2017-05-03T19:14:01+0000' | timeago}} • Webcast

$EL said that with respect to the North America performance in 3Q17, the brick and mortar channels were challenged, mainly in the US. $EL also stated that its MAC team is working strongly in the US to accelerate performance in the department store and the freestanding store channels with some programs in place for the next couple of quarters.

$EL {{ '2017-05-03T11:13:05+0000' | timeago}} • Announcement

$EL's revenue from Skin Care products increased 3% to $1.1Bil in 3Q17, while that from Makeup products jumped 9% to $1.27Bil. Fragrance segment grew 22% to $336MM, while Hair Care segment slipped 2% to 126MM.

$EL {{ '2017-05-03T11:06:44+0000' | timeago}} • Announcement

For FY17, $EL expects net sales to increase 4-5% YoY and net EPS between $3.02 and $3.09. On an adjusted basis, the company hopes to earn $3.32-3.37 per share during the period.

$EL {{ '2017-05-03T11:01:07+0000' | timeago}} • Announcement

Makeup manufacturer $EL posted 12% spike in net earnings in 3Q17, helped by higher sales of $2.86Bil, up 8% YoY. Net earnings were $298MM, or $0.80 per share compared with $265MM, or $0.71 per share in the year-over period. Adjusted for special charges, the company earned $0.91 per share during the quarter.

$EL {{ '2017-04-11T15:20:55+0000' | timeago}} • Announcement

$EL said Thia Breen, Group President, North America, decided to retire. Chris Good, President, U.K. and Ireland, has been named her successor as President, North America. Succeeding Good is Philippe Warnery, current General Manager, Canada, who has been appointed SVP and General Manager, U.K. and Ireland. These are effective July 1, 2017.

$EL {{ '2017-03-14T19:13:00+0000' | timeago}} • Announcement

$EL said James Gager will become SVP, Creative Director and Brand Development, effective May 1, 2017. Mr. Gager will report directly to John Demsey, Executive Group President,  for special projects and to Jean-Guillaume Trottier, Global Brand President, Jo Malone London, for his brand responsibilities.

$EL {{ '2017-03-14T19:12:38+0000' | timeago}} • Announcement

$EL has appointed Toni Lakis as SVP & Global Creative Director of the M·A·C brand, effective March 20, 2017. Ms. Lakis will report directly to Karen Buglisi Weiler, Global Brand President, M·A·C. She will also have a matrix reporting line to John Demsey, $EL’s Executive Group President. Ms. Lakis succeeds James Gager.

$EL {{ '2017-02-02T17:57:37+0000' | timeago}} • Announcement

$EL BoD will pay a quarterly dividend of $0.34 per share on the Company’s Class A and Class B Common Stock on March 15, 2017 to stockholders of record on February 28, 2017.

$EL {{ '2017-02-02T17:13:51+0000' | timeago}} • Webcast

$EL said its continuous focus on mobile engagement resulted in a significant traffic during 2Q17. Online business was exceptionally strong in China where the sales nearly doubled, said the company.

$EL {{ '2017-02-02T17:04:28+0000' | timeago}} • Webcast

Cosmetics maker $EL said it is currently facing challenges with the brick-and-mortar business in U.S. mid-tier department stores, which continues to be impacted by soft traffic, and a slowdown in consumer purchasing in the Middle East.

$EL {{ '2017-02-02T12:33:24+0000' | timeago}} • Announcement

$EL expects 3Q17 net sales growth of 5-6% and sales to rise 7-8% in constant currency. The company expects EPS of $0.60-0.67 and EPS before restructuring charges of $0.65-0.70. The company expects to take restructuring charges of about $20-30MM, equal to $0.03-0.05 per share.

$EL {{ '2017-02-02T12:31:54+0000' | timeago}} • Announcement

$EL lowered FY17 net sales growth outlook to 4-5% from 6-7%, its EPS guidance to $3.07-3.14 from $3.20-3.30, and its EPS before restructuring charges estimate to $3.29-3.33 from $3.38-3.44. On constant currency basis, before restructuring charges, EPS are expected to rise 8-10%.

$EL {{ '2017-02-02T12:27:19+0000' | timeago}} • Announcement

$EL reported a 4% drop in 2Q17 earnings due to higher costs and expenses. Net income fell to $428MM or $1.15 per share from $447MM or $1.19 per share last year. Net sales rose 3% to $3.21Bil. Adjusted for restructuring and other charges, EPS for 2Q17 remained flat at $1.22 and in constant currency rose 5% to $1.28.

$EL {{ '2016-12-02T18:54:42+0000' | timeago}} • Announcement

$EL has appointed Barbara De Laere as Senior Vice President/General Manager, Aveda, North America, effective December 1, 2016. She will be based at Aveda’s global headquarters in Blaine, Minnesota and will report directly to Thia Breen, Group President, North America, with a matrix reporting line to Dominique Conseil, Global Brand President, Aveda.

$EL {{ '2016-11-15T11:55:00+0000' | timeago}} • Announcement

$EL agreed to buy Too Faced, the feminine, playful makeup brand renowned for high-quality stylish cosmetics. $EL agreed to buy the entities that own the brand for purchase price of about $1.45Bil. The acquisition is expected to close in December 2016. $EL's EVP John Demsey will add Too Faced to the portfolio of brands that he oversees.

$EL {{ '2016-11-14T18:01:14+0000' | timeago}} • Announcement

$EL completed its acquisition of BECCA, a high-growth makeup brand offering complexion and color products that flatter a wide range of skin tones and enhance women's features.

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