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Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots-Liverpool Street, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots-Handforth Dean, Wilmslow - 15 Hours / Week - Part Time, Permanent
Permanent · Wilmslow
ESTÉE LAUDER
Clinique - Consultant - Bentalls, Kingston- 21.5 Hours / 3 Days / Week - Part Time, Permanent
Permanent · Kingston upon Thames
ESTÉE LAUDER
la Mer - Business Manager - Flannels, Meadowhall - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Sheffield
ESTÉE LAUDER
Clinique - Consultant - Boots - Cribbs Causeway, Bristol - 17.5 Hours / 3 Days - Part Time, Permanent
Permanent · Bristol
ESTÉE LAUDER
la Mer - Business Manager - Harvey Nichols, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots, Warrington - 17 Hours - Part Time, Permanent
Permanent · Warrington
ESTÉE LAUDER
The Estée Lauder Companies - IT Service Desk Manager UK
Permanent · Fareham
ESTÉE LAUDER
Clinique - Consultant - Boots, Bishops Stortford - 7.5 Hours - Part Time, Permanent
Permanent · Bishop's Stortford
JOHN LEWIS
Contract Sales Manager
Permanent · DARWEN
PUMA
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Permanent · Castleford
JOHN LEWIS
Loss Prevention Partner
Permanent · LEICESTER
HEAD OFFICE
Team Manager/Chef Victoria Head Office
Permanent · LONDON
VF INTERNATIONAL
Account Coordinator - Italian Speaking - Vans
Permanent · NOTTINGHAM
VF INTERNATIONAL
dc Training Specialist
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
DR. MARTENS
Finance Analyst
Permanent · LONDON
MULBERRY
Lifetime Service Centre, Raw Materials Stock Coordinator
Permanent · CHILCOMPTON
AUTUMNPAPER LIMITED
Alexander Mcqueen Vip Officer
Permanent · LONDON
AUTUMNPAPER LIMITED
Alexander Mcqueen Decision Intelligence Manager
Permanent · LONDON
ON RUNNING
Technical Representative
Permanent · LONDON
DEBENHAMS
Business Development Manager
Permanent · LONDON
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By
Reuters
Published
Aug 20, 2018
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Clinique, La Mer skincare products boost Estee quarterly results

By
Reuters
Published
Aug 20, 2018

Estee Lauder Cos Inc topped quarterly profit and sales estimates on Monday as customers bought more of its namesake makeup and high-margin Clinique and La Mer skincare products at duty free stores, online and beauty-focused retailers.




Shares of the company rose 6 percent in early trading.

The company’s strong results were in contrast to rival Revlon Inc and e.l.f Beauty Inc’s lower-than-expected quarterly sales reported earlier in August due to poor demand across U.S. retailers.

Analysts have said Estee’s more premium products and wide portfolio of cosmetics products helped it offset much of the slowdown in U.S. retail.

Sales at Estee’s skincare products jumped 29 percent in the quarter and beat the analyst average estimate, offsetting a slowdown in sales at its makeup business that posted its slowest growth in nearly two years.

Makeup sales were muted due to weak demand for its M.A.C. cosmetics in the United States where store traffic continues to fall at both department and standalone stores.

Fragrance sales, especially those of Jo Malone London and Tom Ford, jumped 11 percent on the back of high demand in North America and Europe.

Overall, quarterly sales rose 14 percent to $3.3 billion, beating the average analyst estimate of $3.25 billion, according to Thomson Reuters I/B/E/S.

Estee Lauder said its plan to free up more cash for its faster growing brands by cutting costs is likely to help it save between $350 million-$450 million a year, higher than the $200-$300 million it had expected earlier.

However, the 72-year-old cosmetics company expects a stronger dollar - up 4.4 percent so far this year - to hurt its first quarter profit and sales.

Estee expects earnings of $1.18-$1.22 per share, compared with the analysts’ average estimate of $1.32, according to Thomson Reuters I/B/E/S.

Net income fell 19 percent to $186 million or 49 cents per share in the quarter ended June 30. Excluding items it earned 61 cents per share, beating the average estimate of 56 cents.

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