Estée Lauder (NYSE: EL) recently released its Q2 fiscal 2025 results (fiscal ends in June), with revenues and earnings exceeding the street estimates. It reported sales of $4.0 billion and ...
Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce. The cosmetics company said it will eliminate a net of 5,800 to 7,000 roles as it unveiled an ...
Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that includes slashing up to 7,000 jobs as the company grapples with persistent demand weakness ...
Estée Lauder (NYSE: EL) might be known as a timeless brand in cosmetics, founded nearly 80 years ago, but lately, it's looking like the skincare and makeup giant is running out of time.
While the situation looks grim at the moment, I am not giving up on Estée Lauder today. Let's look at what's gone wrong and how the situation can improve going forward. The headline that grabbed ...
Estée Lauder (NYSE: EL) stock suffered a makeup malfunction on Tuesday. Shares of the cosmetics giant tumbled 18.3% through 11 a.m. ET, despite beating forecasts for both sales and earnings in ...
NEW YORK (AP) — Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global beauty cosmetics maker lost money in its most recent quarter as ...
Estée Lauder stock has plunged since the pandemic. China sales have been weak, and the company is losing market share elsewhere. Management announced a turnaround plan, but it has yet to make a ...
China is not the only market in which Estée Lauder has flailed. The company has lost market share in the United States, its home market, with French giant L’Oréal more than happy to pick up ...
Alibaba has been clawing its way back from a multiyear downturn, and both Estee Lauder and Nike had especially bad weeks last week. Yet in a counterintuitive move, China-exposed stocks rallied ...
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