Estée Lauder Walks Away from Puig Deal to Focus on Standalone Growth
Estée Lauder and Puig end talks. Estée Lauder stays independent, focusing on growth, brands, and its Beauty Reimagined plan.
Estée Lauder and Puig end talks. Estée Lauder stays independent, focusing on growth, brands, and its Beauty Reimagined plan.
Estée Lauder beat sales & profit, raised outlook, plans big job cuts and cost savings as beauty demand and online sales grow.
Estée Lauder and Puig confirm discussions on a potential merger that could create a $40B beauty powerhouse. Shares drop amid no deal guarantee.
Estée Lauder (EL) increases earnings forecast to $2.05-$2.25 per share but warns of $100M tariff impact. Stock falls 12% as midpoint misses analyst expectations despite strong Q2 results.
BofA raises Estee Lauder price target to $130 and adds it to its top “US 1 list,” citing strong growth potential and the Beauty Reimagined plan.
Rothschild & Co Redburn cuts Estee Lauder to Sell, lowering the price target to $70. Analyst warns that the company’s transformation needs deeper investment, putting margin recovery at risk.