Estée Lauder to cut up to 7,000 job cuts as it swings to loss, sending stock lower
Estée Lauder Cos. Inc.’s stock fell 6.4% early Tuesday, after the beauty and cosmetics company swung to a fiscal ...
Stéphane de La Faverie Unveils New Organizational Structure and Executive Team to Revitalize Estée Lauder
One month into his new position, Stéphane de La Faverie, president and chief executive officer of the Estée Lauder Cos., is ...
Estée Lauder has lost $100 billion in value in the past three years. How a big bet on China dragged down a luxury legend
Estée Lauder faces its next fraught rendezvous with Wall Street on Tuesday, when the struggling Fortune 500 beauty giant ...
The Estée Lauder Companies Inc. Q2 Earnings Summary
Below are the earnings highlights for The Estée Lauder Companies Inc. (EL): Earnings: -$590 million in Q2 vs. $313 million in the ...
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Estée Lauder Companies reportedly mulling brand portfolio review
Estée Lauder Companies (ELC) is reportedly reviewing its brand portfolio following a recent management reshuffle. This could ...
Stéphane de La Faverie Announces Leadership Updates in Support of The Estée Lauder Companies’ Beauty Reimagined Vision
Stéphane de La Faverie, President and CEO of The Estée Lauder Companies today announced the Company’s new organizational ...
Estée Lauder Issues Q3 Guidance; Now Estimates Net Reduction In Positions Of 5,800 To 7,000
The Estée Lauder Companies Inc. (EL) said, for the third quarter, the company's forecasted EPS is in a range of $0.04 - $0.17.
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Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports ...
Estée Lauder to Eliminate Up to 7,000 Jobs in Corporate Overhaul
Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring as the company’s ...
The Estée Lauder Cos. Announces More Job Cuts
As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, ...
Estee Lauder Swings to 2Q Loss as Sales Fall
Estee Lauder swung to a loss in its fiscal second quarter and reported declining sales, sending shares lower ahead of the opening bell. The beauty company swung to a loss of $590 million, or $1.64 a ...
Estee Lauder names Michael Bowes as VP, chief people officer with global remit
Bowes will be the first to hold the title of chief people officer at Estee Lauder and will oversee all areas of global human ...