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.
Estee Lauder may trim more than 11% of its workforce after the global beauty cosmetics maker lost money in its most recent ...
Estée Lauder reported another quarter of weak sales and declining margins as its China and travel businesses struggle. Read ...
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said ...
In a report released today, Linda Bolton Weiser from D.A. Davidson maintained a Buy rating on The Estée Lauder Companies (EL – Research ...
We recently compiled a list of the 10 Firms Fall Amid Disappointing Earnings Performance. In this article, we are going to ...
The company anticipates restructuring and other charges of between $1.2bn and $1.6bn as it overhauls the business.