Tag: $Estee Lauder

Estee Lauder pulled back its 2025 sales and profit forecasts on Thursday on weak demand for its luxury makeup and fragrances in China, sending its shares down 15% before the bell.

Estée Lauder stock was falling Monday after the cosmetics giant provided financial guidance below expectations on continued weakness in China.

Estee Lauder has taken full ownership of Deciem Beauty Group, shelling out $860 million for the remaining 24% stake in the owner of The Ordinary beauty brand.

Estee Lauder lowered its annual organic sales estimate on persistent softness in Mainland China’s prestige beauty space, even as a demand rebound in the U.S. and Asia-Pacific markets drove a profit forecast raise.

Shares of Ulta Beauty tumbled as much as 14.5% on Wednesday after executives flagged a slowdown in demand across categories in the first quarter and stiff competition, weighing on peers elf Beauty, Coty and Estee Lauder.

Estée Lauder Cos. soared after saying it’s cutting as many as 3,000 positions as part of a restructuring plan to put one of the world’s largest beauty companies back on track.

Estée Lauder stock was falling sharply Wednesday after the cosmetics company cut its fiscal-year outlook as headwinds in China are expected to persist.

Estee Lauder projected annual net sales and profit below estimates on Friday, signaling a slower-than-expected recovery in its travel retail business, mainly in Asia, and easing demand in the United States, sending its shares down about 5% in premarket trade.