Estee Lauder stock is down sharply from its pandemic peak in large part due to its challenges in China, and the stock ...
In contrast, Ross Stores, whose business is healthier than Estée Lauder's though softer than that of its direct rivals, chose ...
Estee Lauder stock (NYSE: EL) has had a tough year so far, with its stock declining over 50%, while the broader S&P500 index has risen 20%.
Making matters worse, Estée Lauder management decided to slash its dividend payout from $0.66 to $0.35 effective next quarter ...
As Stéphane de La Faverie prepares to take the reins of The Estée Lauder Cos., his to-do list is growing more challenging by ...
On Wednesday, the company said it had appointed a longtime employee, Stephane de la Faverie, as its new chief executive ...
The luxury cosmetics company withdrew the fiscal-year outlook, provided disappointing second-quarter guidance, and cut its ...
Shares of Estée Lauder Companies Inc. tumbled toward the lowest prices seen in a decade, after the luxury beauty-care products company warned of a large earnings miss and surprise sales decline for ...
The stock was down 19.3% on the news as of 12:38 p.m. ET. Estée Lauder, which owns brands like Aveda, Clinique, La Mer, and Mac, reported a decline in organic sales of 5% and revenue of 4% to $3. ...
Estée Lauder shares plunged 20% Thursday after it said first-quarter sales sank because of softness in China and the Asia travel markets, and that it was cutting its dividend and withdrawing its ...
it could negatively impact investor confidence and stock performance. The transition period may also result in delayed decision-making on crucial initiatives or investments, potentially putting Estee ...