Massive Job Cuts At Estée Lauder, Up To 11% Or 7,000 Employees, After Quarterly Sales Decline 6%
Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...
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Estee Lauder Earnings Outlook Misses Views Amid Asia Pacific Demand Challenges
Estee Lauder's (EL) outlook for third-quarter earnings fell well short of Wall Street's estimates as the cosmetic company expects sales pressure to intensify amid Asia Pacific demand challenges. It ...
Cosmetics Business1d
Everything we know about Estée Lauder Companies’ job cuts, results and profit recovery plans
ELC’s new President and CEO Stéphane de La Faverie, who stepped into the role in January, has also unveiled his vision to ...
Estée Lauder Stock Dives on Surprise Loss, Job Cuts as Sales Decline
Estée Lauder shares tumbled 17% Tuesday after the cosmetics giant reported a surprise loss and warned about current-quarter results as sales declined.
Estée Lauder has lost $100 billion in value in the past three years. How a big bet on China dragged down a luxury legend
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant ...
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Is Estée Lauder a Buy, Sell, or Hold in 2025?
Estée Lauder said revenue fell 11% in the Asia-Pacific region in the fiscal first ... dollar are likely to put pressure on multinational companies like Estée Lauder, though it's unclear how ...