Estee Lauder Q4 Earnings Top, Asia Travel Retail Sluggish EL, PRGP, EMEA, Benzinga, Fiscal 2025, Nomad Foods, Vital Farms, Mainland China, Zacks Consensus Estimate, The Estee Lauder Companies Inc. by https://www.benzinga.com/
AI Insights:
Simple Explanation:
the company that makes Estee Lauder products, announced their financial results for the last 4 months. They made more money than what experts thought they would make, which is good. However, their growth was impacted by the tough conditions in the beauty market in China and some other areas. So, for the coming year, they expect the market to continue being tough in China, but they are hopeful about their performance in other areas. Read from source...
Investment Analysis:
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The Estée Lauder Companies, Inc. reported better-than-expected Q4 fiscal 2024 results, with top and bottom lines increasing YoY. However, the company still faces challenges in the prestige beauty segment in China, due to ongoing weak consumer sentiment. For fiscal 2025, management expects continued sluggishness in this segment in China, while planning to deliver improved performance across both developed and emerging markets. For Q1 fiscal 2025, the company anticipates a decline in reported and organic net sales, along with a drop in adjusted EPS on a constant currency basis.
### MARKET NEWS & DATA BY BENZINGA:
- Estée Lauder Q4 Earnings Top Estimates Amid Sluggish Prestige Beauty Growth in China
- The Estée Lauder Companies, Inc. Acquires DECIEM Beauty Group Inc.
- Estée Lauder's Fiscal 2025 Outlook: Expectations and Risks
- Q1 Guidance: The Estée Lauder Companies Anticipates Reported and Organic Net Sales Decline Amid Weakness in Prestige Beauty Market in China