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Barclays analyst Lauren Lieberman lowered the firm’s price target on Estee Lauder (EL) to $64 from $71 and keeps an Equal Weight rating on the ...
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
BofA analyst Bryan Spillane lowered the firm’s price target on Estee Lauder (EL) to $85 from $90 and keeps a Neutral rating on the shares.
The cosmetics company has been struggling with weak demand, especially in Asia.
Estee Lauder is set to cut up to 7,000 jobs globally, ramping up its initial target of 3,000. The move is part of a broader cost-saving strategy aimed at generating up to $1 billion in savings. The ...
Source: Estée Lauder. Analyst estimates provided by FactSet. Overview of Estée Lauder Companies. Estée Lauder is an iconic ...
Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as ...