Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
In market capitalization terms, the stock tumble of the last three years has stripped more than $100 billion from the company ...
Key Takeaways Estée Lauder reported a surprise loss and warned about current-quarter results as sales declined.The cosmetics ...
Estée Lauder Companies (NYSE:EL – Get Free Report)‘s stock had its “market perform” rating reaffirmed by equities researchers ...
Shares in the Manhattan-based company, founded and controlled by New York’s Lauder family, plunged as much as 18% after Estée ...
Estée Lauder said it expects to cut between 5,800 and 7,000 positions as part of its two-year restructuring plan, as it swung ...
As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, ...
One month into his new position, Stéphane de La Faverie, president and chief executive officer of the Estée Lauder Cos., is ...
Estée Lauder reported another quarter of weak sales and declining margins as its China and travel businesses struggle. Read ...
Despite a decline in sales, The Estee Lauder Companies Inc (EL) focuses on transformative strategies and innovation to drive ...
Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring meant to return ...
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