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by winston » Thu Oct 31, 2024 9:19 pm
It expects second-quarter profit per share between 20 cents and 35 cents, compared with estimates of $1.06, according to LSEG data.
It expects net sales to drop between 6% and 8%, compared with an estimate of 0.24% rise to $4.29 billion.
by winston » Sat Nov 02, 2024 9:32 pm
Last quarter, Estée Lauder's Asia Pacific revenue declined 11% year over year to $944 million.
Q1 revenue for Asia Pacific in the last four years has successively gone from $1.33 billion to $1.13 billion to $1.058 billion to $944 million.
Estée Lauder management decided to slash its dividend payout from $0.66 to $0.35 effective next quarter. This is a huge drop that cuts the dividend almost in half.
The stock currently pays a dividend yield of around 2% based on this new quarterly payout ratio.
by winston » Mon Nov 04, 2024 7:04 am
Chinese market accounts for nearly one-third of its total sales.
Reported a 4 percent decrease in the first 2025 quarter net sales and a net loss of 43 cents per share.
“The data tells a clear story—double-digit sales declines in mainland China, coupled with pressures in Asia travel retail, signal that this isn’t just a temporary adjustment”.
“We’re seeing a fundamental shift in consumer behavior and retail dynamics that requires a strategic response, not just tactical adjustments.”
by behappyalways » Mon Nov 04, 2024 4:22 pm
by behappyalways » Sun Mar 23, 2025 8:04 pm
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