Estée Lauder Shares Plunge 20% After Dividend Cut and China’s …

Oct 31, 2024  · Estée Lauder’s shares experienced a significant decline of 20% after the company announced a dividend cut and withdrew its financial outlook for the current fiscal year. This …


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Estée Lauder Shares Plunge 20% After Dividend Cut And China’s …

1 week from now

Oct 31, 2024  · Estée Lauder’s shares experienced a significant decline of 20% after the company announced a dividend cut and withdrew its financial outlook for the current fiscal year. This …

eurasiabusinessnews.com

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Estée Lauder Stock Dives On China Warning, Dividend Cut

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Oct 31, 2024  · Estée Lauder shares plunged 20% Thursday after it said first-quarter sales sank because of softness in China and the Asia travel markets, and that it was cutting its dividend …

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Estee Lauder Crashes 20%: China's Struggles Trigger A Decade …

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Oct 31, 2024  · Estee Lauder shares nosedived over 20% in pre-market trading today, as its Q1 earnings reveal a harsh reality in the luxury beauty sector.Net sales slid by 4% to $3.36 billion, …

yahoo.com

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Estee Lauder Crashes 20%: China's Struggles Trigger A Decade …

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Oct 31, 2024  · Estee Lauder (EL) shares nosedived over 20% in pre-market trading today, as its Q1 earnings reveal a harsh reality in the luxury beauty sector. ... China's Struggles Trigger a …

gurufocus.com

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Estee Lauder Pulls Annual Forecasts On Uneven China Recovery, …

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Oct 31, 2024  · (Reuters) -Estee Lauder shares slumped as much as 27% on Thursday, after it pulled its annual sales and profit forecasts and cut its dividend as it faces an uncertain outlook …

usnews.com

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Estée Lauder's Stock Heads For Record Selloff After Profit Warning ...

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Oct 31, 2024  · For the fiscal first quarter to Sept. 30, Estée Lauder swung to a net loss of $156 million, or 43 cents a share, from net income of $31 million, or 9 cents a share, in the same …

morningstar.com

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Estée Lauder: Dividend Cut On China Woes - Dividend Power

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Nov 11, 2024  · Total revenue was $15,608 million in the fiscal year 2024 and $15,451 million in the past twelve months. Dividend Cut Announcement. During the first quarter fiscal 2025 …

dividendpower.org

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Estée Lauder Shares Plunge 20% As Company Yanks Forecast On …

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Oct 31, 2024  · Estée Lauder appointed Stephane de la Faverie as its new CEO. WireImage. The company expects net sales to plunge between 6% and 8%, compared with Wall Street’s …

nypost.com

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Estée Lauder Stock Dives On China Warning, Dividend Cut, …

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Oct 31, 2024  · Key Takeaways Estée Lauder shares plunged 20% Thursday after it said sales sank because of softness in China and the Asia travel markets, and that it was cutting its …

marketcap.com

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Estee Lauder Pulls Annual Forecasts On Uneven China Recovery, New …

1 week from now

Oct 31, 2024  · (Reuters) -Estee Lauder shares slumped as much as 27% on Thursday, after it pulled its annual sales and profit forecasts and cut its dividend as it faces an uncertain outlook …

yahoo.com

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Estée Lauder Shares Plunge 21% After It Slashes Dividend - MSN

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The family feud at Estée Lauder is turning into a financial crisis. Shares of the beauty giant plunged 21% Thursday after the company slashed its dividend by nearly half and pulled its …

msn.com

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Estee Lauder Pulls Annual Forecasts On Uneven China Recovery, New …

1 week from now

Oct 31, 2024  · By Ananya Mariam Rajesh (Reuters) -Estee Lauder shares slumped as much as 27% on Thursday, after it pulled its annual sales and profit forecasts and cut its dividend as it …

streetinsider.com

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Estée Lauder Faces Major Setbacks With 20% Stock Drop, Dividend …

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Estée Lauder shares dropped 20% due to sales decline and dividend cut. Fiscal 2025 first-quarter revenue fell 4% to $3.36 billion. Organic sales declined 5% due to worsened consumer …

curiouscats.ai

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Estée Lauder Stock Drops On Disappointing Guidance And Cut …

1 week from now

Estée Lauder removed guidance for the fiscal year, but sees fiscal-second-quarter adjusted earnings per share of 20 cents to 35 cents, while analysts had penciled in $1.06.

msn.com

FAQs about Estée Lauder Shares Plunge 20% After Dividend Cut and China’s … Coupon?

Why did Estée Lauder cut its dividend?

As a result of the difficulty in forecasting when the Chinese market will recover, Estée Lauder said it was withdrawing its outlook for the rest of the year and reducing its dividend to a “more appropriate” level. ...

Why did Estée Lauder stock tumble?

Estée Lauder’s stock tumbles, after a big profit warning a 47% cut to the dividend. Shares of Estée Lauder Companies Inc. tumbled toward the lowest prices seen in a decade, after the luxury beauty-care products company warned of a large earnings miss and surprise sales decline for the current quarter, citing worsening consumer sentiment in China. ...

Is the family feud at Estée Lauder turning into a financial crisis?

The family feud at Estée Lauder is turning into a financial crisis. Shares of the beauty giant plunged 20% Thursday after it slashed its dividend by nearly half and pulled its financial targets for the current fiscal year after reporting another quarter of falling sales. ...

Who is Estée Lauder's new CEO Fabrizio Freda?

The incoming CEO, de La Faverie, will take over on Jan. 1 a business in a steep decline under current CEO Fabrizio Freda. On Thursday, Estée Lauder reported a quarterly loss and said revenue fell 4% from a year ago. ...

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