Estee lauder yahoo finance

Canada Goose GOOS shares tumble after the winter apparel maker missed second-quarter revenue estimates and reduced full-year guidance. It faces consumer cutbacks amid inflation.

Yahoo Finance. Sign in. Sign in to view your mail. Currency in USD. Valuation Measures 4 Market Cap intraday Share Statistics Avg Vol 3 month 3 2. Profitability Profit Margin 3.

Estee lauder yahoo finance

The beauty products company reported better-than-expected profits in the second quarter, but results have been dragged down by ongoing weakness in Asia. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Estee Lauder is what we're talking about. It also topped earnings estimates and announced that restructuring plan. It's as many as 3, people that are going to be affected by these cuts, out of a workforce of about 62, It's just a behemoth in this industry here. But it's been suffering from Chinese travel, in particular, that basically because of what's going on with the Chinese economy, Chinese shoppers are not traveling as much, they're not shopping at duty free as much, and that's something that has hurt Estee Lauder. And the Street still is not convinced yet, even with that drop that you're smart to step in here, most still on the sidelines. And I should mention they were surprised, it seems to be, by this restructuring plan announced today. So that's part of the share pop as well is that, it feels like that the perception seems to be that the company is taking some necessary steps to deal with the slowing growth. Dow 30 38,

Luxury goods companies are under some pressure today. Dow 30 38, And so that's really driving the weaker results versus competitors because of the higher exposure there.

It's really that China, Asia-travel business that's weighing on their results, otherwise prestige continues to be strong elsewhere. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. So first, let's talk about some of the biggest contributors here that they cited-- the slowdown in Asia travel retail, but especially China as well. So it's really China and travel retail that drove the worst results and the lower guidance for the year. If it wasn't for those two things, the rest of the business in all regions saw growth. And so that's really driving the weaker results versus competitors because of the higher exposure there.

Experts say there are different ways to mitigate the impact of the payment increases. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools. The company also provides fragrance products in various forms comprising eau de parfum sprays and colognes, as well as lotions, powders, creams, candles, and soaps; and hair care products that include shampoos, conditioners, styling products, treatment, finishing sprays, and hair color products, as well as sells ancillary products and services. The company sells its products through department stores, specialty-multi retailers, upscale perfumeries and pharmacies, and salons and spas; freestanding stores; its own and authorized retailer websites; third-party online malls; stores in airports; and duty-free locations. Industry News.

Estee lauder yahoo finance

Yahoo Finance. Sign in. Sign in to view your mail. Currency in USD. Valuation Measures 4 Market Cap intraday Share Statistics Avg Vol 3 month 3 2. Profitability Profit Margin 3. Management Effectiveness Return on Assets ttm 2. Income Statement Revenue ttm Balance Sheet Total Cash mrq 3.

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The company also cited possible risk to business in the Middle East as the war between Israel and Hamas continues with no ceasefire in sight. Crude Oil In travel retail, just on easy compares. But I think overall, investors may think that's conservative. Trailing Annual Dividend Rate 3. But continued strength in beauty. Profit Margin. Thanks Susan. To weigh on sales here for the remainder of So I think the difference between luxury beauty and maybe some other luxury items such as handbags is that, you can buy a luxury beauty item or prestige item for a lot cheaper. It's really that China, Asia-travel business that's weighing on their results, otherwise prestige continues to be strong elsewhere. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Norwegian is also closely watching the potential impact of the ongoing Israel-Hamas war. FTSE 7, Mainly due to the issues in China, which we don't really see improving much over the next couple quarters.

It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.

Shares Short Feb 15, 4. Nasdaq 16, Nasdaq 16, Josh Lipton and Julie Hyman. It's really that China, Asia-travel business that's weighing on their results, otherwise prestige continues to be strong elsewhere. Thanks Susan. The company also cited possible risk to business in the Middle East as the war between Israel and Hamas continues with no ceasefire in sight. Net Income Avi to Common ttm. But it's still pretty tough also in travel retail. Gold 2,