EL / Beauty Giant Estée Lauder's Stock Crashes 19% To 6-Year Low—Heirs Lose Nearly $3 Billion

Estee Lauder Companies Inc. NYSE: EL is on track to regain traction. Despite solid trends in the beauty category, it faces substantial headwinds with more_horizontal

Estee Lauder (NYSE: EL) reported its Q1'24 results earlier this week (the fiscal year ends in June), with revenues meeting and earnings beating the st more_horizontal

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday. more_horizontal

Estee Lauder's (EL) first-quarter fiscal 2024 results reflect lower net sales and earnings. Management lowered the fiscal 2024 view on incremental ext more_horizontal

Shares in Estée Lauder Companies Inc tanked 17% after the company cut its annual financial outlook, citing weaker demand in China and other Asian ma more_horizontal

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) will release its fiscal 2024 first quarter results on November 1, 2023. On that more_horizontal

Estee Lauder Companies Inc (NYSE:EL) is expected to report a year-over-year drop in sales and earnings for its fiscal first quarter when it reports on more_horizontal

Estee Lauder shares have fallen 25% since the summer due to a lack of earnings recovery and a modest outlook for sales growth. The company has a stron more_horizontal