Selena Gomez's makeup brand is worth $2 billion — but she has no plans to sell [Business Insider]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Business Insider
During the Time100 Summit, Gomez said she's "enjoying this a little too much." The rumors aren't true, according to Selena Gomez. She's not eager to sell her makeup brand. In March, Bloomberg reported that Gomez's company, Rare Beauty, had hired financial advisors to join meetings with potential investors and buyers. The report came after The Business of Fashion named Rare Beauty one of the top merger and acquisition targets in January and valued the brand at $2 billion, citing $300 million in sales last year. But during an appearance at the Time100 Summit in New York City on Wednesday, Gomez hinted at a strong future for her company — one that intrinsically involves her. "I don't think I'm going anywhere. I am enjoying this a little too much," she told Time senior editor Lucy Feldman. "I just want to continue building what we're doing." Gomez went on to describe Rare Beauty as her "pride and joy" and said there are "so many fun things coming up." "I'm just looking forw
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News
- The Estée Lauder Companies Inc. (NYSE: EL) had its price target lowered by analysts at Barclays PLC from $150.00 to $140.00. They now have an "equal weight" rating on the stock.MarketBeat
- The Estée Lauder Companies Inc. (NYSE: EL) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $140.00 price target on the stock, down previously from $164.00.MarketBeat
- The Estée Lauder Companies Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Estée Lauder: Q3 Results Point To Ongoing Challenges [Seeking Alpha]Seeking Alpha
- The Estée Lauder Companies Inc. (NYSE: EL) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
EL
Earnings
- 5/1/24 - Beat
EL
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/22/24 - Form 4
- EL's page on the SEC website