Estee Lauder Q4 FY2016 Earnings Preview

by Trefis Team
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EL
Estee Lauder
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Estee Lauder is slated to release its fourth quarter and full year fiscal 2016 (fiscal year ends in June) results on August 19th. The company is one of the primary drivers to bolster the global premium beauty industry’s growth and the resilient nature of the industry, in return, had been aiding the company’s growth. According to a Bloomberg report in June, there has been a recent growth in the sale of premium beauty products and this might further bolster sales for Estee Lauder. Though 2015 began on a weak note, Estee Lauder effectively started managing its problem areas and consequently the company’s performance showed significant improvements towards the second half of 2015. Estee Lauder started 2016 on a positive note where it experienced growth in all its segments except skincare. Its flagship brands such as Clinique and Estee Lauder had been trying hard to attract the younger generation of beauty users in order to revive growth. Towards that end, the company had boosted its online and social media reach. Estee Lauder expects its online sales to cross $1 billion in fiscal 2016, reflecting a doubling of the business since its inception three years back. Also in March, the company launched Estee Edit– the Estee Lauder range targeting millennials– in collaboration with Sephora. Estee Lauder acquired By Kilian, a prestige fragrance brand in February 2016. The company is growing well in the premium beauty segment and we expect fiscal 2016 to end on a positive note.

 

EL FY2016 earnings estimate

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Estee Lauder

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