Estee Lauder borrows $1.3 billion from line of credit [MarketWatch]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
elcompanies.com/investors
Company Research
Source: MarketWatch
Estee Lauder Cos. said Tuesday that it has borrowed $1.3 billion from its line of credit. The beauty company has a total of $1.5 billion in its revolving credit facility. And it had $200 million in commercial paper outstanding as of March 31. Starting in early February, Estee Lauder suspended its share repurchase program. The company says stores have begun to reopen in Asia Pacific and online sales have accelerated, but stores are closed in the Americas, Europe, Africa and the Middle East. A sharp decline in travel has also depressed sales. There has also been an impact on suppliers including manufacturers and logistics providers, though a majority of facilities continue to manufacture and distribute merchandise. "There is no certainty that measures the company takes will be sufficient to mitigate the risks posed by Covid-19," the statement said. Estee Lauder is up 2.8% in premarket trading and down 1.8% over the past year. The S&P 500 index has fallen 8% for the last 12 months.
Show less
Read more
Impact Snapshot
Event Time:
EL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EL alerts
High impacting Estee Lauder Companies, Inc. (The) news events
Weekly update
A roundup of the hottest topics
EL
News
- Unpacking Scope 2 and Scope 3 Emissions [Yahoo! Finance]Yahoo! Finance
- More Downside For Estée Lauder Stock? [Forbes]Forbes
- Think You Know Estée Lauder Companies? Here's 1 Little-Known Fact You Can't Overlook. [Yahoo! Finance]Yahoo! Finance
- Growth Trends in Europe's Premium Beauty Market, 2024-2029 - How AR and AI Technologies are Revolutionizing the Industry [Yahoo! Finance]Yahoo! Finance
- Tata Harper Steps Down as President of Eponymous Skin Care Brand, Taps Lauder Alum [Yahoo! Finance]Yahoo! Finance
EL
Earnings
- 10/31/24 - Beat
EL
Sec Filings
- 12/20/24 - Form 8-K/A
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- EL's page on the SEC website