ESTEE ALERT: Bragar Eagel & Squire, P.C. is Investigating The Estee Lauder Companies Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
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Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: GlobeNewswire
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against The Estee Lauder Companies Inc. (NYSE: EL) on behalf of long-term stockholders following a class action complaint that was filed against Estee on December 7, 2023 with a Class Period from August 18, 2022 to May 2, 2023. Our investigation concerns whether the board of directors of Estee have breached their fiduciary duties to the company. The filed complaint alleges that defendants misled investors with unrealistic and materially false statements about market demand Estee’s products and its inventory levels. These statements concealed the truth about Estee’s weakness in the market until, on May 3, 2023, Estee announced weaker sales and profit for the year than estimated and accordingly cut its fiscal year outlook for a third consecutive time. As a result, the price of Estee stock declined from $245.22 per share on
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News
- Avoid Estée Lauder Companies And Explore This One Attractive Dividend Stock Instead [Yahoo! Finance]Yahoo! Finance
- Estee Lauder (EL) on Track With Profit Recovery Amid Hurdles [Yahoo! Finance]Yahoo! Finance
- Lifshitz Law PLLC Announces Investigations of The Estee Lauder Companies, Inc. (NYSE: EL), The Lovesac Company (NASDAQ: LOVE), Mobileye Global Inc. (NASDAQ: MBLY), and Archer-Daniels-Midland Company (NYSE: ADM)Accesswire
- Reflecting On Personal Care Stocks' Q1 Earnings: Estée Lauder (NYSE:EL) [Yahoo! Finance]Yahoo! Finance
- We're changing our rating and price target on a beauty stock tied to China [MSNBC.com]MSNBC.com
EL
Earnings
- 5/1/24 - Beat
EL
Sec Filings
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- EL's page on the SEC website