Estée Lauder Raises Profit Outlook and Plans 3,000 More Job Cuts as Turnaround Gains Speed
Estée Lauder beat sales & profit, raised outlook, plans big job cuts and cost savings as beauty demand and online sales grow.
Estée Lauder beat sales & profit, raised outlook, plans big job cuts and cost savings as beauty demand and online sales grow.
Estée Lauder and Puig confirm discussions on a potential merger that could create a $40B beauty powerhouse. Shares drop amid no deal guarantee.
Estée Lauder (EL) increases earnings forecast to $2.05-$2.25 per share but warns of $100M tariff impact. Stock falls 12% as midpoint misses analyst expectations despite strong Q2 results.
BofA raises Estee Lauder price target to $130 and adds it to its top “US 1 list,” citing strong growth potential and the Beauty Reimagined plan.
Rothschild & Co Redburn cuts Estee Lauder to Sell, lowering the price target to $70. Analyst warns that the company’s transformation needs deeper investment, putting margin recovery at risk.
Goldman Sachs upgrades Estée Lauder to Buy with $115 price target, citing business turnaround and China market recovery in prestige beauty sector.