Evercore ISI analyst Robert Ottenstein maintained a Buy rating on The Estée Lauder Companies (EL – Research Report) yesterday and set a price ...
New York-based Estée Lauder is working with Evercore Inc. on the review, which could lead to the sale of some brands, according to the people, who asked not to be identified discussing ...
Estée Lauder Cos. said it plans to eliminate between 5,800 to 7,000 positions in a corporate restructuring meant to return ...
As the company’s sales fell 6 percent in the second quarter, the owner of namesake Estée Lauder, Jo Malone, Tom Ford, Clinique and more, announced plans to ramp up its restructuring program, from ...
(Reuters) - Estee Lauder is reviewing its portfolio of beauty brands, which could potentially lead to the sale of some of the labels, as the cosmetics company attempts to turn around under a new ...
Shares in the iconic beauty products conglomerate plunged after it held off on providing a full-year financial outlook due to “evolving global uncertainty”.
Estee Lauder and Evercore did not immediately respond to Reuters' requests for comment. The Clinique and MAC lipstick parent withdrew its annual sales and profit forecasts and cut its dividend in ...
The company’s shares were flat in premarket trading. The company’s stock has declined 45% over the last 12 months.
Ahead of the company’s earnings on Feb 4, Estée Lauder has said that they are reviewing their portfolio of brands and working with Evercore to explore a sale of some of these brands.
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