Latest news with #EL
Yahoo
3 days ago
- Business
- Yahoo
Estee Lauder (EL), Consumer Stocks Jump 10.8%
The Estée Lauder Companies Inc. (NYSE:EL) is one of the . Estee Lauder jumped by 10.82 percent on Monday to finish at $74.59 apiece, tracking a generally optimistic market environment following the United States' trade deal progress with two of its trading partners. The Estée Lauder Companies Inc. (NYSE:EL) rallied in line with the recovery of consumer stocks, one of the sectors most sensitive to shifts in the global trade environment. In other news, The Estée Lauder Companies Inc. (NYSE:EL) announced the passing of its chairman emeritus, Leonard A. Lauder, at age 92. A close-up of a makeup artist carefully applying Makeup Products to an clients face. Leonard is the son of the company's founders, Estee and Joseph. He finished studies at the Columbia University's Graduate School of Business and served as lieutenant in the US Navy and as a Navy reservist. He formally joined Estée Lauder in 1958, became its president from 1972 to 1995 and as CEO from 1982 to 1999. He was named chairman in 1995 and served in that role through June 2009. While we acknowledge the potential of EL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
3 days ago
- Business
- Yahoo
Estee Lauder (EL), Consumer Stocks Jump 10.8%
The Estée Lauder Companies Inc. (NYSE:EL) is one of the . Estee Lauder jumped by 10.82 percent on Monday to finish at $74.59 apiece, tracking a generally optimistic market environment following the United States' trade deal progress with two of its trading partners. The Estée Lauder Companies Inc. (NYSE:EL) rallied in line with the recovery of consumer stocks, one of the sectors most sensitive to shifts in the global trade environment. In other news, The Estée Lauder Companies Inc. (NYSE:EL) announced the passing of its chairman emeritus, Leonard A. Lauder, at age 92. A close-up of a makeup artist carefully applying Makeup Products to an clients face. Leonard is the son of the company's founders, Estee and Joseph. He finished studies at the Columbia University's Graduate School of Business and served as lieutenant in the US Navy and as a Navy reservist. He formally joined Estée Lauder in 1958, became its president from 1972 to 1995 and as CEO from 1982 to 1999. He was named chairman in 1995 and served in that role through June 2009. While we acknowledge the potential of EL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
6 days ago
- Business
- Yahoo
Estee Lauder Launches on Amazon.ca to Expand Reach in Canada
Estee Lauder, the flagship brand of The Estee Lauder Companies Inc. EL, has officially launched its storefront on the Premium Beauty Store. This move brings the brand's high-performance skincare, makeup and fragrances to customers across Canada through one of the country's most trusted e-commerce launch follows Estee Lauder's debut in the Premium Beauty store in Fall 2024 and marks a significant step in broadening its digital presence in North America. With the launch, Estee Lauder is offering a curated selection of its best-known products, including the Advanced Night Repair Serum, Double Wear Stay-In-Place Foundation, Revitalizing Supreme+, Re-Nutriv and Futurist Hydra Rescue Moisturizing Foundation. These items are now available for direct purchase through making it easier for shoppers from Canada to explore and buy the brand's high-performance formulas from a trusted online storefront is designed to offer a convenient and informative shopping experience, helping customers discover and learn about these iconic Lauder's arrival on Premium Beauty adds a new level of convenience for Canada's beauty shoppers. Prime members can enjoy fast, free delivery, making it easier than ever to receive their favorite products. The collaboration aims to combine Amazon's trusted service with Estee Lauder's signature luxury, offering a seamless and elevated online shopping experience. Image Source: Zacks Investment Research Estee Lauder is focusing on regaining growth momentum through its Beauty Reimagined strategy, which emphasizes expanding consumer reach, accelerating innovation and boosting brand presence across digital platforms like Amazon and TikTok Shop. The company reported share gains in key markets, including Southeast Asia, the United States, the United Kingdom and Canada, supported by strong performances from brands like Clinique, La Mer, The Ordinary and TOM FORD. These efforts are aimed at strengthening the brand's global footprint while meeting evolving customer company is advancing its Profit Recovery and Growth Plan ('PRGP') to support long-term performance and restore sustainable sales growth. As of the third quarter of fiscal 2025, the company approved more than 2,600 net position reductions, streamlining middle management by 20% and cutting executive expenses by 30% through a flatter leadership structure. Procurement and outsourcing initiatives, introduced under the expanded PRGP in February 2025, are also progressing well. These efforts aim to strengthen profitability and build long-term resilience. In the past month, EL's shares have gained 9.8% compared with the industry and the S&P 500's growth of 14.8% and 2.4%, respectively. While EL stock has delivered a strong performance, its valuation remains a key factor for consideration. The stock is currently trading at a premium compared with the industry average, with a forward 12-month price-to-earnings ratio of 33.28, well above the industry's average of 24.91. Image Source: Zacks Investment Research For long-term investors, holding onto this Zacks Rank #3 (Hold) stock might still be a viable option. However, prospective investors may want to wait for a more favorable entry point given the stock's current higher valuation. European Wax Center, Inc. EWCZ operates as the franchisor and operator of out-of-home waxing services. It currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for European Wax Center's current fiscal-year earnings indicates growth of 35.6% from the prior-year reported levels. EWCZ delivered a trailing four-quarter earnings surprise of 186.9%, on Outfitters Inc. URBN is a lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home decor and gift products. It currently sports a Zacks Rank #1. URBN delivered a trailing four-quarter average earnings surprise of 29%.The Zacks Consensus Estimate for Urban Outfitters' current fiscal-year sales and earnings implies growth of 8.1% and 21.2%, respectively, from the year-ago actuals. Canada Goose GOOS designs, manufactures and sells performance luxury outerwear, apparel, footwear and accessories for men, women, youth, children and babies. It carries a Zacks Rank #2 (Buy) at present. GOOS delivered a trailing four-quarter average earnings surprise of 57.2%.The Zacks Consensus Estimate for Canada Goose's current fiscal-year sales and earnings indicates growth of 2.9% and 10%, respectively, from the year-ago actuals. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Estee Lauder Companies Inc. (EL) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS) : Free Stock Analysis Report European Wax Center, Inc. (EWCZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
12-06-2025
- Business
- Malaysian Reserve
Embraco compressors to be manufactured also in India
Strategic investment from Nidec Global Appliance, part of ACIM (Appliance, Commercial and Industrial Motors) business unit, boosts the local refrigeration market JOINVILLE, Brazil , June 12, 2025 /PRNewswire/ — Embraco, a global provider of refrigeration technology for the residential and commercial cold chain and part of Nidec Global Appliance (GA), has announced the production of its compressors in India, with the establishment of a manufacturing facility in the country, located in Chhatrapati Sambhaji Nagar (Aurangabad), in the state of Maharashtra. This expansion underscores GA's commitment to meeting the growing demand for refrigeration solutions in India and strengthens its presence in the region. Manufacturing Embraco compressors for residential and commercial refrigeration, alongside electronic components, the new factory will have an annual production capacity of 6 million units, and is set to begin operations in the second half of 2026. With a total investment exceeding $120 million, the plant will have a built-up area of 55,000 square meters. Once fully operational, the facility is expected to create between 750 and 1,000 direct jobs, strengthening the local workforce and fostering its technological expertise in refrigeration solutions. 'This investment marks a key milestone in our strategy to grow and strengthen our business across international markets,' says Alberto Casnati, President of Nidec Global Appliance, a platform of ACIM. 'India's refrigeration market is expanding rapidly, in step with the country's strong economic momentum. This new facility will allow us to better meet local demand with high-efficiency, locally produced solutions for both the household and commercial sectors. We are grateful for the support and collaboration of both the Maharashtra state government and the Indian federal government, whose engagement played an important role in our decision to invest in this facility' , adds the executive. Strengthening local manufacturing and innovation The new plant will focus on producing four Embraco compressor series, which carry the latest advancements in refrigeration technology: Fixed-speed models ES and EL: the two latest launches of Embraco's fixed-speed compressors portfolio, marked by compactness, energy-efficiency, low noise levels, reliability and the use of natural refrigerants. Both are suited for residential refrigeration, with ES having also a version for commercial applications. Variable-speed models FMS and VLT: The FMS is designed for residential refrigeration appliances and the VLT for commercial refrigeration. Equipped with variable-speed (inverter) technology, they provide enhanced energy savings, low noise and vibration, improved temperature stability, and faster cooling recovery. FMS and VLT are two of Embraco's most compact variable-speed compressors, offering the same cooling capacity as larger models while optimizing efficiency and flexibility for refrigerator manufacturers. Electronics: The factory will also produce inverters, the electronic component that is connected to the variable-speed compressor to regulate the compressor's speed according to the cooling demand, which enhances energy efficiency and operational performance. The ES and FMS compressor lines, in particular, are well-established product families recognized worldwide for their high production volumes and broad market presence. 'By establishing a footprint in India, we aim to support the domestic refrigeration sector and strengthen the local supply chain. At the same time, this facility has the potential to become our regional export hub, further reinforcing Nidec GA's leadership in the global refrigeration industry,' adds Casnati. EmbracoSince 1971, Embraco has been a global provider of refrigeration technology for the complete residential and commercial cold chain, counting on a broad, efficient and competitive portfolio for household, food service, food retail, merchandisers and medical applications. Embraco is part of Nidec Global Appliance, a platform of Nidec Corporation. Further information at Nidec Global ApplianceWith over 13,000 employees, 18 manufacturing units and 5 business offices across 9 countries, Nidec Global Appliance manufactures and commercializes solutions for commercial and residential applications. Its portfolio includes Embraco's complete range of solutions for the refrigeration industry, Nidec motors for residential washing machines, dryers and dishwashers, FIR motors and pumps for food service, commercial washing machines and medical applications, and U.S. MOTORS® and Rescue solutions for heating, ventilation, and air conditioning industries. Nidec Global Appliance is a Platform of ACIM (Appliance, Commercial and Industrial Motors), a Business Unit of Nidec Corporation. Nidec ACIMNidec Appliance, Commercial and Industrial Motors (ACIM) is a Business Unit of the Appliance Automotive Division (AAD) composed of two Platforms: Global Appliance (GA) and Commercial & Industrial (C&I). ACIM is one of the largest Business Units in terms of sales inside Nidec Group, with approximately 18,000 employees and more than 30 manufacturing sites in 25 countries. ACIM offers a product portfolio such as compressors, condensing units, and motors for home and commercial appliances, as well as motors and electronic drives for commercial, residential, industrial, and utilities applications. This comprehensive set of solutions is characterized by high standards of quality and energy efficiency that delivers innovation at the service of sustainability. Photo – Logo – View original content:
Yahoo
06-06-2025
- Business
- Yahoo
Was Jim Cramer Right About The Estée Lauder Companies Inc. (EL)?
We recently published a list of . In this article, we are going to take a look at where The Estée Lauder Companies Inc. (NYSE:EL) stands against other stocks that Jim Cramer discusses. In that older episode, a caller from the Investing Club asked if The Estée Lauder Companies Inc. (NYSE:EL) was worth adding to amid ongoing weakness in its China business and luxury segment. Cramer was deeply disappointed with the stock's performance at the time and cautioned against buying more: 'Until I see something actually good out of the company I can't keep buying it. It is a horrendous stock — the worst stock that we own now… China was bad but China's inventory has been cleaned out… I need to see something, anything positive… even just like a maybe like a bottle of MAC.' Cramer was brutally honest in calling it 'a horrendous stock,' and rightly so as it's down -44.51%. The Estée Lauder Companies Inc. (NYSE:EL) is a global leader in prestige beauty, producing skincare, makeup, fragrance, and hair care products under brands like Estée Lauder, MAC, and Clinique. A close-up of a customer's hands selecting beauty products from an online retailer. Overall, EL ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of EL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
