Estee Lauder (EL) to Cut 3-5% Staff as Part of Profit Recovery Plan
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The Estée Lauder Companies Reports Fiscal 2024 Second Quarter Results
February 5, 2024 6:45 AM ESTNet Sales Decreased 7% and Diluted EPS Declined to $.87
Organic Net Sales1 Decreased 8% and Adjusted Diluted EPS Declined to $.88
Delivered Organic Net Sales, as Expected, and Exceeded Adjusted Diluted EPS Outlook
Revising FY24 Outlook to Narrow Net Sales Range and Lower Adjusted Diluted EPS for Tax, while Reaffirming Operating Profitability
Further Expands Its Profit Recovery Plan with the Announcement of a Restructuring Program
NEW YORK--(BUSINESS... More
