Why The 2024 Luxury Downturn Is More Structural Than Cyclical [Forbes]
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: Forbes
Hermès, Miu Miu are bucking the trend. Led by Miuccia Prada, Miu Miu's forward looking style is lifting Prada Group's fortunes. Gamma-Rapho via Getty Images Looking at the luxury downturn: Of averages and data points What a difference twelve months make. A year ago, there were only faint signals of a potential luxury slowdown. However, since spring, the downturn has sharply intensified across luxury goods sectors, including fashion, accessories, watches, cars and even beauty. What was once a subtle shift now appears to be a full-fledged slump. Consider the share price of LVMH, the industry leader. By mid-November, it had fallen by 20%, according to Financial Times data. L'Oréal saw a decline of 23%, while Estée Lauder dropped by more than 40%. Richemont's share price remained relatively stable, in large part thanks to jewelry. Even Rolex is rumored to be experiencing a significant slowdown in sales. Meanwhile, Kering and Burberry are facing steeper challenges, grappling with
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
- Richard Parsons, prominent Black executive who led Time Warner and Citigroup, dies at 76 [Yahoo! Finance Canada]Yahoo! Finance Canada
- 1 Wall Street Analyst Thinks Estée Lauder Stock Is Going to $81. Is It a Buy? [Yahoo! Finance]Yahoo! Finance
- Donald Trump might be falling for the oldest real estate scam in the books [MSNBC.com]MSNBC.com
- Trump's obsession with Greenland is more ridiculous than you realize [MSNBC.com]MSNBC.com
- Will The Estee Lauder Companies' Stock Bounce Back After Recent Drop? [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