Estée Lauder approves 3,200 job cuts as China and duty-free sales remain weak

Estée Lauder Cos.’ stock dropped about 5% Wednesday after the maker of beauty products warned of a full-year profit miss and said it has approved 3,200 job cuts based on a previously announced ... Read More

Estee Lauder Shares Plunge Over 10% Following Profit Forecast Cut

Estee Lauder (NYSE:EL) saw its stock drop more than 10% on Wednesday after the beauty giant revised its annual profit outlook below Wall Street estimates, citing continued softness in demand across ... Read More

Estée Lauder Earnings: Sales Growth to Resume in 2026 on Stabilizing China Demand; Shares Cheap

Estée Lauder's fiscal fourth-quarter sales fell 12%, largely due to travel retail weakness, and adjusted earnings per share dropped 85%. For fiscal 2026, management expects sales to grow 2%-5% and ... Read More

Estee Lauder forecasts profit below estimates, warns of $100 million tariff hit

Estee Lauder said on Wednesday it would cut inventory and promotions to help mitigate rising costs, after the luxury cosmetic maker warned that a $100 million hit from tariffs would weigh on its ... Read More

Estée Lauder approves 3,200 job cuts as China and duty-free sales remain weak

Cosmetics company has approved layoffs of 3,200 staff based on a previously disclosed restructuring plan and may reduce head count by another 3,800, with expected restructuring charges of up to $1.6 ... Read More