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.

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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,

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For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan. The announcement coming in the company's second quarter earnings report, which showed a beat on the top and bottom line. For more on the results, let's turn to Susan Anderson, who is the Canaccord Genuity Managing director. Susan, I mean, you look across several different elements of this report.

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. Canada markets closed.

Estee lauder yahoo finance

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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. FTSE 7, But so far, we've been seeing things get worse. We're not expecting the strong double digit growth we saw last year in prestige. So we expect that to continue this year. They just have to pick and choose where they want to spend their money. And then also in other international markets, double digit growth. Nasdaq 16, So brands that I think still can resonate with the younger consumers such as Mac, I think they can really increase the innovation there to drive growth. Susan, interesting. Mainly due to the issues in China, which we don't really see improving much over the next couple quarters. So consumers are really mixing and matching products more than what they used to, whereas they may buy some mass products, some masstige products, and then some prestige products. In travel retail, just on easy compares. Total Cash Per Share mrq.

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.

Last quarter, it was still running in the double digit growth territory. They beat on the bottom line, which was nice to see. Particularly, prestige beauty continues to be very strong. 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 really that China, Asia-travel business that's weighing on their results, otherwise prestige continues to be strong elsewhere. They just have to pick and choose where they want to spend their money. Silver But beyond that everything else did see positive growth. Share Statistics Avg Vol 3 month 3 2. Operating Cash Flow ttm. And it's more in that lower price point prestige category and it really caters to that younger consumer.