Canada Goose forecasts strong year on resilient luxury demand [Reuters]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Reuters
U.S.-listed shares of the Toronto, Ontario-based company rose 10% before the bell, a day after a broad market sell-off triggered by poor results from U.S. retailers. Demand for luxury goods has remained strong in North America even amid record levels of inflation, as higher prices of gas and food did not dissuade affluent consumers from splurging on high-end apparel, accessories and perfumes. Canada Goose's upbeat annual forecast is in contrast with those from its luxury peers Tapestry (TPR.N) and Estee Lauder Cos Inc (EL.N) that lowered their profit outlooks earlier this month due to fresh COVID-19 curbs in key China market. read more Canada Goose said it expects revenue for fiscal 2023 to be between C$1.30 billion ($1.01 billion) and C$1.40 billion. Analysts on average expect it to be C$1.30 billion, according to Refinitiv IBES data. The company, known for its expensive red parkas, said it expects an adjusted per-share profit of C$1.60 to C$1.90 for fiscal 2023, compared wi
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- The Estée Lauder Companies Inc. (NYSE: EL) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $191.00 price target on the stock.MarketBeat
- Estée Lauder Companies' (NYSE:EL) Returns On Capital Not Reflecting Well On The Business [Yahoo! Finance]Yahoo! Finance
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