Estee Lauder Cos Net Worth is10.3 12-Month Sales Growth (%)
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Company Name: Estée Lauder Companies, Inc.

Company Logo: Image:Estee Lauder logo.png

Company Type: Public companies

Traded As: EL, S&P 500

Foundation: New York City, USA (1946)

Location: General Motors Building (New York), New York City, USA

Key People: Charlene Barshefsky, Rose Bravo, Lynn Forester de Rothschild, Mellody Hobson, Irvine Hockaday, Aerin Lauder, Leonard Lauder, Ronald Lauder, William P. Lauder, Richard Parsons (businessman), Marshall Rose, Barry Sternlicht, Fabrizio Freda

Num Employees: 31,000

Industry: Personal care

Products: Cosmetics, perfumes

Homepage: []

Revenue: operating income

Net Income: assets

Equity: {{increase}} US$1.64 billion (''FY 2009'')
EstA(C)e Lauder Companies, Inc. /E?E?steE? E?lE?E?dE?r/ is a manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products. The company has its headquarters in Midtown Manhattan, New York City.
The company began in 1946 when Joseph Lauder and his wife EstA(C)e Lauder {Josephine Esther Mentzer) began producing cosmetics in New York City. They first carried only four products: Super-Rich All Purpose Creme, Creme Pack, Cleansing Oil, and Skin Lotion. Two years later they established their first department store account with Saks Fifth Avenue in New York.
Over the next fifteen years they expanded the range and continued to sell their products in the United States. In 1960 the company started its first international account in the London department store Harrods. The following year it opened an office in Hong Kong.
In 1964 they started Aramis Inc., which produced fragrances and grooming products for men. In 1967 EstA(C)e Lauder herself was named one of ten Outstanding Women in Business in the United States by business and financial editors[citation needed]. This was followed by a Spirit of Achievement Award from Albert Einstein College of Medicine at Yeshiva University in 1968. In that year the company expanded again, opening Clinique Laboratories, Inc. Clinique was the first dermatologist guided (Dr. Norman Orentreich), allergy tested, fragrance free cosmetic brand created by EstA(C)e Lauder.
EstA(C)e Lauder's Clinique brand became the first women's cosmetic company to introduce a second line for men when, in 1976, they began a separate line called "Skin Supplies for Men". In 1981 the company's products became available in the Soviet Union.
In February 2004 the company's teen-oriented jane business was sold; in April 2006, the professional-quality Stila brand, which EstA(C)e Lauder purchased in 1999, was sold.
The company has had sometimes iconic spokesmodels, sometimes referred to simply as 'faces'. Past 'faces' for EstA(C)e

Estee Lauder Cos Latest News

UPDATE 1-Estee Lauder's FY profit forecast tops Street, shares rise

Aug 18 (Reuters) - Cosmetics maker Estee Lauder Cos Inc forecast full-year profit ahead of analysts' estimates and posted higher-than-expected quarterly results, driven by strong demand for its brands such as M.A.C, Tom Ford and Smashbox. Estee Lauder's ...
Posted: August 19, 2017, 12:11 am

Estee Lauder Companies Inc (EL) Stock Rises on Earnings Report

During its fiscal fourth quarter of 2017, Estee Lauder Companies Inc reported earnings per share of 51 cents. This is an increase over its earnings per share of 42 cents from the same time last year. It also came in above Wall Street’s earnings per share ...
Posted: August 18, 2017, 1:09 pm

Wells Fargo & Company Reaffirms Outperform Rating for Estee Lauder Companies, Inc

The original version of this piece of content can be read at Contravisory Inv Management has invested 0 ...
Posted: August 18, 2017, 9:53 am

Estee Lauder's newly acquired brands Too Faced and BECCA help smash profit estimates

Net income attributable to the company rose to $229 million in the fourth quarterREUTERS | August 19, 2017, 12:25 IST Cosmetics maker Estee Lauder Cos Inc posted a higher-than-expected quarterly profit, driven partly by strong demand for its recently ...
Posted: August 19, 2017, 12:03 am

Estée Lauder Companies posts strong fiscal year 2017 results

For the three months ended June 30, 2017, Estée Lauder reported net sales of $2.89 billion, a 9% increase compared with $2.65 billion in the prior-year period. The recent acquisitions of Too Faced and BECCA performed ahead of plan with incremental sales ...
Posted: August 18, 2017, 1:57 pm
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