Estée Lauder beat on both the top and bottom lines despite weak demand. See why EL stock is undervalued following a tough quarter but strong margin improvement.
Patel is a controversial nominee, having long raged against the so-called Deep State and prioritized his loyalty to Trump.
Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. You can submit a ...
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 ...
The company anticipates restructuring and other charges of between $1.2bn and $1.6bn as it overhauls the business.
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said ...
The global powerhouse announced thousands of employees will lose their jobs amid declining sales and the company will enact a ...
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...