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Estée Lauder, which owns brands like Aveda, Clinique, La Mer, and Mac, reported a decline in organic sales of 5% and revenue of 4% to $3.36 billion, which essentially matched the consensus at $3. ...
Estée Lauder (NYSE: EL) stock suffered a makeup malfunction on Tuesday. Shares of the cosmetics giant tumbled 18.3% through 11 a.m. ET, despite beating forecasts for both sales and earnings in ...
The skincare, makeup, and fragrance company posted weak quarterly earnings.
For a long time, Freda’s strategy worked: In 2014, Estée Lauder’s sales in the Asia Pacific were $2.23 billion; years of blistering growth brought that total to a peak of $5.49 billion in 2021.
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In the last 12 months alone, Est é e Lauder stock is down over 40%, even though the S&P 500 has soared over the same period. The company's trailing-12-month revenue has fallen to $15.4 billion ...
Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as reported a 6% sales slump.
Shares of Estee Lauder (NYSE: EL), the cosmetics giant, were gaining today in response to news that China's central bank was lowering interest rates to stimulate the economy.China is a key market ...