The Estée Lauder Companies Reports Fiscal 2020 Third Quarter Results
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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elcompanies.com/investors
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Source: Business Wire
Net Sales Decreased 11% and Diluted Loss per Share was $.02Net Sales Decreased 9% and Adjusted Diluted EPS was $.86 in Constant CurrencyCompany Sees Continued Acceleration of Global Online Net Sales and Initial Recovery in Mainland ChinaContinues Global Relief Efforts, Launches ELC Cares Employee Relief Fund NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today reported net sales of $3.35 billion for its third quarter ended March 31, 2020, a decrease of 11% from $3.74 billion in the prior-year period. Excluding the impact of currency translation, net sales decreased 9%. The net sales decline was driven by retail store closures as a result of the global spread of COVID-19 that was partially offset by the inclusion of net sales from the Company’s recent acquisition of Have&Be Co. Ltd. (“Dr. Jart+”), which contributed approximately 2 percentage points to reported net sales growth.The Company reported a net loss of $(6) million, compared with net earnings of $555
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EL
Earnings
- 2/5/24 - Beat
EL
Sec Filings
- 4/22/24 - Form 4
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- EL's page on the SEC website