Tag: Household Products

Persil-owner Henkel gave weaker-than-expected guidance for 2025 organic sales growth on Tuesday, projecting a slower start to the year due to a tough industrial environment and subdued consumer sentiment especially in North America.

Haleon posted a higher pretax profit for 2024 despite lower revenue, and said it expected further organic revenue and profit growth this year.

E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and “softer than expected” sales trends in January, marking a rare downturn for one of beauty’s hottest brands. 

Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring meant to return the flagging company to sales growth under its new chief executive officer.

Shares of Colgate-Palmolive were falling after the consumer products company turned in higher earnings than expected but disappointed investors with its financial guidance.

Puig, the Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, reported a 14.3% rise in fourth-quarter sales on Thursday, beating analyst expectations for the key holiday period.

Procter & Gamble Co. organic sales surpassed estimates on higher volume, a change from earlier quarters where most of the company’s growth came from price hikes.

E.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales.

Estee Lauder pulled back its 2025 sales and profit forecasts on Thursday on weak demand for its luxury makeup and fragrances in China, sending its shares down 15% before the bell.

Jean Paul Gaultier owner Puig Brands SA posted a rise in third-quarter revenue, bolstered by strong demand for fragrances despite a challenging backdrop for the beauty industry.

Shares of Colgate-Palmolive Inc. tacked on 0.5% in premarket trading Friday, after the consumer-products company beat third-quarter earnings expectations and lifted its outlook, helped by increases in both volume and prices.

Shares of Reckitt Benckiser Group rose on Wednesday after the company posted its third-quarter trading update.

Procter & Gamble reported higher earnings than expected, fell short on sales despite price increases, and reiterated its financial guidance.

Haleon plans to increase its stake in its Chinese joint venture to 88% from 55%, the British consumer healthcare company said on Friday.

Tupperware, known the world over for its plastic food storage containers, has filed for bankruptcy after years of falling popularity and financial troubles.

Reckitt Benckiser has launched early discussions with potential suitors for a sale of its homecare assets, which could be worth over 6 billion pounds ($7.89 billion), Bloomberg News reported on Tuesday.

The company’s most recent quarter beat expectations and the beauty retailer said it saw sales grow by 50%. Amin said the company posted 22 consecutive quarters of net sales growth and market share growth.

The e.l.f. x Tinder “Put Your e.l.f. Out There” Vault collection introduces new product innovations from e.l.f. with exclusive features and limited-edition beauty must-haves designed to ditch any first-date jitters.

The board of e.l.f. Beauty has authorized a new $500 million share-repurchase program.

Estée Lauder stock was falling Monday after the cosmetics giant provided financial guidance below expectations on continued weakness in China.