Estee Lauder Companies Inc V.EL

Primary Symbol: EL

Consumer Defensive Household & Personal Products

The Estee Lauder Companies Inc. is a manufacturer, marketer and seller of skin care, makeup, fragrance and hair care products. Its product categories include skin care, makeup, fragrance, hair care and other. The Company's products are sold in approximately 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Lab Series, Origins, M.A.C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD. It is a licensee for fragrances, cosmetics and/or related products for AERIN, BALMAIN, and Dr. Andrew Weil. Its skin care products include moisturizers, serums, cleansers, toners, exfoliators, acne and oil correctors, facial masks, and sun care products. Its makeup products include lipsticks, lip glosses, mascaras, foundations and others.

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Estee Lauder Companies Inc > Trading halt this morning

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Comment by billy4325on Aug 06, 2018 1:44pm

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Post# 28418107

RE:RE:RE:RE:Trading halt this morning

They had $1.4mil in cash at the end of March, their loss for the three months ending Mar was $1.4mil (decrease in cash was $1.2mil for those 3 months), thus one would expect that they would be out of cash by around June. Not at all surprising that they need to raise cash by now.