Blueshift Ideas tweeted that it is hearing positive things on Estee Lauder EL, as the company is meeting and exceeding its goals.
Blueshift's research reports shows that Estee Lauder's pricing is unchanged since January, but the company's suppliers expect Estee Lauder to raise its prices, which should increase retail prices by 3% to 5% in the second half of 2011.
The company's Origins brand has been mentioned as a leader in growing trend for natural ingredients, and is well positioned to capitalize on increasing demand.
At last check, shares of Estee Lauder were off 49 cents to $96.51, a loss of nearly 0.5%.
The Estee Lauder Companies Inc. engages in the manufacture, marketing, and sale of skin care, makeup, fragrance, and hair care products worldwide. Its skin care products include moisturizers, creams, lotions, cleansers, sun screens, and other products.
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