Estée Lauder shares plunged more than 20% on Thursday after the cosmetics giant withdrew its full-year earnings forecast and revealed weak demand for its luxury fragrance and cosmetic products.

est of $1.06 Shares set for worst day on record, last down 19% Oct 31 (Reuters) - Estee Lauder (EL.N), opens new tab shares slumped as much as 27% on Thursday, after it pulled its annual sales and ...

Estée Lauder Cos. named longtime company veteran Stéphane de La Faverie as chief executive officer, betting that the insider can execute the sweeping turnaround that Wall Street wants. De La ...

Estée Lauder's Q1 sales fell 4% to $3.36 billion, with a net loss of $156 million, largely due to issues in China. Estée Lauder appointed Stéphane de La Faverie as CEO effective January 2025 ...

Estée Lauder's revenue fell in its first quarter, and it saw an accelerating decline in the second quarter. The company cut its dividend from $0.66 to $0.35. It also pulled its guidance for the ...

Shares of Estée Lauder (NYSE: EL) were taking a dive today as the cosmetics giant continued to struggle with weakness in China as the company also cut its dividend and pulled its guidance for the ...

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What it is: A richly luxurious and deeply replenishing body cream.Fragrance story: Gardenia Rattan captures the spirit of summer. Like a breath of sea spray, sparkling wet marine notes envelop the ...

The retailer is getting roughed up in China, saying "worsened consumer sentiment" there was the primary driver of its 5% quarterly decline in overall organic net sales.The intrigue: The company on ...

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