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Estee Lauder Companies Inc V.EL


Primary Symbol: EL

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 others. Its 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 Cosmetics, 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, facial masks, body care, sun care products and others. Its makeup products include lipsticks, lip glosses, mascaras, foundations and others.


NYSE:EL - Post by User

Comment by traderguy5000on Dec 28, 2019 12:06pm
276 Views
Post# 30496833

RE:Does any one see see any future for this company?

RE:Does any one see see any future for this company?Having way too much of this shite in my account, I see very little hope. Revenue of $1M per quarter, is simply not enough to turn this dog profitable. Contracts are paltry. I'm suspicious of the two potential buyers. What are they waiting for? It's a story I've heard before with other companies. Usually, nothing happens, and that's what I suspect will happen here. EL can't make a dime with the technology, but other's want to buy it, or the company? Really?! Losses are greater than sales, and there is no end in sight to that situation. Keller was claiming cash flow positive in the first half of 2020, by cutting expenses. I don't think so. Again, what's he waiting for? Show me the money! Earlier in the year, EL had to raise equity, just to keep the doors open. Unless we get a buyout, we're probably looking at another raise this year. Unfortunately, the fundamentals are just not there. The stock sells for 3 cents for a reason. That's based on investors' projections for future earnings. EL is nothing more than another Venturre dog destroying value. 
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