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Estée Lauder shares plunge 20% as cosmetics giant yanks forecast on weak sales
On Wednesday, the company said it had appointed a longtime employee, Stephane de la Faverie, as its new chief executive officer and president. He will take the helm at Estée on Jan. 1.
Estée Lauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.
Estée Lauder Cousins Leave Daily Roles as Shares Tumble
The Lauders are stepping down from their current roles at Estée Lauder Cos., leaving the company without a family member in day-to-day management for the first time since its founding 75 years ago as it faces its worst outlook in years.
3d
on MSN
Why Estée Lauder Stock Collapsed This Week
Here's why Estée Lauder stock is down big this week. Read More: Earn up to $845 cash back this year just by changing how you ...
7d
on MSN
Estee Lauder names new CEO — passing over heiress Jane Lauder
Jane Lauder told staff in a memo that she would step aside from her executive role at the company at the end of the year, ...
4d
Estee Lauder pulls annual forecasts on uneven China recovery, new CEO
Estee Lauder pulled back its 2025 sales and profit forecasts on Thursday, as the MAC lipstick maker struggles with weak ...
4d
Why Estée Lauder Stock Was Tumbling Today
Shares of Estée Lauder ( EL -20.73%) were taking a dive today as the cosmetics giant continued to struggle with weakness in ...
1d
Estee Lauder loses its shine in China: What went wrong?
Beauty conglomerate Estee Lauder reported a net sales drop to US$3.36 billion for its first quarter, withdrawing its outlook ...
6d
on MSN
Estée Lauder Appoints Insider as CEO to Lead Turnaround Plan
Estée Lauder Cos. named longtime company veteran Stéphane de La Faverie as chief executive officer, betting that the insider ...
7d
on MSN
Estée Lauder Succession Drama to End With Insider Pick
Stéphane de La Faverie will be CEO, and Jane Lauder will leave executive role.
3d
The Estée Lauder Companies: Hold Rating Amidst Uncertain Sales Outlook and Strategic Restructuring
Analyst Cheria Widjaja of DBS maintained a Hold rating on The Estée Lauder Companies (EL – Research Report), with a price target of ...
Impacts
13d
Estée Lauder Launches Premium Beauty Store on Amazon U.S.
Estée Lauder has launched a premium beauty store on Amazon U.S. Takeaway Points Estée Lauder Launches Premium Beauty Store on ...
4d
on MSN
Estee Lauder Pulls Guidance on Shakiness in Asia Markets, Leadership Change
Estee Lauder withdrew its outlook for the current year, citing uncertainty around the pace of recovery the China and Asia ...
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