Estee Lauder Raises Forecasts as Prestige Beauty Demand Fuels Turnaround
Estee Lauder is stepping up brand investments and reducing its reliance on discounts and promotional offers as its turnaround strategy gains momentum. Chief Executive Stephane de La Faverie announced the move on Monday after...
Estée Lauder Forecasts Stronger Profit on Luxury Beauty Demand
Estée Lauder expects fiscal 2027 adjusted earnings to beat Wall Street estimates, supported by resilient demand for premium fragrances and skincare, particularly in China. Shares rose nearly 8% in premarket trading after the cosmetics...