Tag: Household Products

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.

The company’s sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. That increase follows a staggering 76% jump in the year-ago quarter.

Shares of Kenvue Inc. KVUE jumped 3.4% in premarket trading Tuesday, after the parent of consumer health brands including Band-Aid, Tylenol and Listerine reported second-quarter earnings that beat expectations, boosted by productivity gains and higher pricing.

Procter & Gamble on Tuesday reported mixed quarterly results, but the company’s volume increased for the first time in more than two years.

Shares of Colgate-Palmolive were rising after the consumer products company topped quarterly estimates and raised its financial guidance.

Shares of Helen of Troy Ltd. plummeted toward a record one-day selloff, after the consumer products company reported a big fiscal first-quarter earnings miss and slashed its full-year outlook, amid particular weakness in its beauty and wellness business.

Estee Lauder has taken full ownership of Deciem Beauty Group, shelling out $860 million for the remaining 24% stake in the owner of The Ordinary beauty brand.

E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer’s shares fell as it said it expects its growth to slow.

Kenvue  will cut 4% of its global workforce amid investments to grow its key brands, the Tylenol and Band-Aid maker said on Tuesday, as it topped beat Wall Street estimates for first-quarter profit.

Church & Dwight gave a slight bump to its earnings outlook for the year after its first-quarter profit jumped on stronger gross margin.

Estee Lauder lowered its annual organic sales estimate on persistent softness in Mainland China’s prestige beauty space, even as a demand rebound in the U.S. and Asia-Pacific markets drove a profit forecast raise.

Shares of Colgate-Palmolive were rising after the consumer products company topped quarterly estimates and boosted guidance.

Consumer goods group Reckitt’s like-for-like sales growth beat estimates in the first quarter as more people bought its Lysol, Dettol and Finish cleaning products even as prices rose, it said in a trading update on Wednesday.

Procter & Gamble reported quarterly earnings that beat Wall Street’s estimates, but its sales disappointed.

Shares in L’Oreal rose 5% on Friday after the French cosmetics giant beat expectations with a strong rise in first quarter sales, allaying concerns about a slowdown in the United States.