What does fragrance — goodwill impairment mean?

A write-down of the value of past fragrance business acquisitions due to lower-than-expected performance.

Discontinued — last reported Q4 '17

Fragrance — Goodwill Impairment

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2017

Last reportedQ4 2017Aug 24, 2018

An impairment loss is a negative signal, indicating that the segment's long-term growth prospects or profitability have deteriorated significantly.

The charge recognized when the carrying value of goodwill associated with the fragrance segment exceeds its implied fair...

Comparable to 'Goodwill Impairment' charges reported by any company that engages in M&A activity.

Metric ID: el_segment_fragrance_goodwill_impairment_loss

What does fragrance — goodwill impairment mean?: A write-down of the value of past fragrance business acquisitions due to lower-than-expected performance.