Shares of beauty products company Estée Lauder (NYSE:EL) fell 18.2% in the morning session after the company reported underwhelming fourth-quarter results. Its EBITDA missed significantly ...
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.
The Asia travel sector remains challenging, affecting overall sales. Estée Lauder delivered earnings ahead of expectations, despite facing pressures in the Asia travel sector. However ...
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant reports its latest quarterly earnings. But if its executives, including ...
Estée Lauder said it now expects to cut between 5,800 and 7,000 positions as part of its two-year restructuring plan. The beauty company said Tuesday that it is expanding the restructuring effort ...
Estée Lauder said it’s looking externally to fill its chief digital marketing officer and chief technology, data and analytics officer positions, according to an announcement Tuesday.
We simply need to be faster if we want to innovate around trends,' CEO says Estée Lauder Cos. on Tuesday announced plans to cut thousands of jobs and speed up its product development to reclaim ...
(RTTNews) - Below are the earnings highlights for The Estée Lauder Companies Inc. (EL): Earnings: -$590 million in Q2 vs. $313 million in the same period last year. EPS: -$1.64 in Q2 vs.
Wall Street looked to be waiting for more evidence of a turnaround at the Estée Lauder Cos., as new president and chief executive officer Stéphane de la Faverie unveiled his Beauty Reimagined ...