EL fell to the level of 2017! Will you buy the products in Black Friday?
$Estee Lauder(EL)$ plummeted 15% after FY24 Q1 financial report fell short of expectations. The plunge made el’s stock price back to the level in 2017.
Net sales: $3.52 bln, narrowly missing estimates.
Slow recovery of prestige beauty in mainland China
Lowered its outlook for full-year 2024: Expects sales growth to range between down 2% to up 1%.
However, $e.l.f. Beauty Inc.(ELF)$ , the cosmetics company also released earnings yesterday, saw sales jump 76% yoy and raised its full-year guidance for a second quarter in a row.
Priced at $10-$20, ELF’s products are 1/5 of $Estee Lauder(EL)$’s prices.
Do you think EL can save its sales by price cut or not?
Is this environment means low-pricing products can grow better?
What’s your skincare and cosmetics choice for the upcoming Black Friday?
What’s your target price for bottoming out EL?
Leave your comments and repost to win tiger coins!
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🌟🌟🌟女人的脸就是她的财富。雅诗兰黛是全世界女性使用的典型品牌。它遍布150个国家，是仅次于欧莱雅的世界第二大化妆品公司。这一切都始于1946年雅诗兰黛和她的丈夫，今天它仍然由兰黛家族的第二代和第三代经营。
以今年迄今下跌54%的当前价格来看，这是一笔便宜货。雅诗兰黛是一家化妆品巨头，拥有雅诗兰黛、倩碧、Mac、Origins等24个不同品牌。
我是雅诗兰黛的长期用户。我喜欢它提供的高质量美容产品，特别漂亮，香水和夜间修复有助于减少皱纹。
雅诗兰黛通常会提供免费礼品。那是我通常购买我的产品的时候。
雅诗兰黛有一个广泛的品牌护城河，因为像我这样的忠实客户会发现，在使用了这么多年后，很难转向更便宜的品牌。
因此，雅诗兰黛对我来说是一个值得购买的东西，因为随着新产品和新市场的扩张，它将在未来继续呈指数级增长，尤其是在亚洲。
股票市场在短期内是一台投票机，但在长期内却是一台称重机。正如沃伦·巴菲特喜欢说的，当市场出现恐惧时，是时候变得贪婪了！
@Tiger_comments @TigerStars @MillionaireTiger @CaptainTiger @TigerClub @Tiger_SG
For the target price, I think 100 is a good catch level with 123 as the short term price target.
Would you make Estee Lauder great again? Or you prefer the brands? Haha.
@TigerStars @Tiger_comments @TigerClub @CaptainTiger @MillionaireTiger
meanwhile, it's shopping spree for retail investors like us. low chance for a legendary brand like Estee lauder to lose its mark in the 2020s. good luck to all!
Estee Lauder's overreliance on the skincare segment raises concerns about its risk profile. While the company is expected to benefit from a recovering Asian travel retail industry, it may still face headwinds from factors such as a consumer spending slowdown and increased competition. The company's margin profile is another concern, with gross margins declining over the years and hitting decade lows. Operating expenses, particularly in advertising and marketing, have grown significantly. Looking ahead, Estee Lauder's near-term and long-term outlooks suggest only moderate growth. With shares currently trading at a P/E ratio of over 35x and the risk-reward profile appearing unfavorable, investors are advised to exercise caution. $Estee Lauder(EL)$
Worth of thinking for long term investors!
Tigers, will you buy $Estee Lauder(EL)$ ?