Key TakeawaysEstée 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 dividend and withdrawing its full-year outlook.The luxury beauty products maker reported fiscal 2025 first-quarter revenue was down 4% year-over-year, and organic sales fell 5%.On Wednesday, Estée Lauder named Stephane de La Faverie its new CEO. Estée Lauder (EL) shares tanked 20% Thursday after the luxury beauty products maker warned about soft ...