Weak China Sales Hit Estee Lauder's Q4, CEO To Retire
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Fourth Quarter Results: Estee Lauder reported a 7% year-over-year sales growth to $3.87 billion, surpassing analyst expectations, but faced an operating loss of $233 million and a decline in organic net sales in the Americas. The company anticipates a challenging fiscal 2025 with adjusted EPS outlook significantly below consensus.
Leadership Changes and Future Outlook: CEO Fabrizio Freda will retire at the end of FY25, with succession planning underway. The company aims to improve performance across markets despite ongoing softness in the prestige beauty segment in China, focusing on Skin Care and high-end Fragrance growth strategies.
Analyst Views on KLXY
Wall Street analysts forecast KLXY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KLXY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 26.268
Low
Averages
High
Current: 26.268
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
