The skincare, makeup, and fragrance company posted weak quarterly earnings.Shares of Estée Lauder (EL -3.39%) were falling again this week, according to data from S&P Global Market Intelligence. The beauty company focused on makeup and skincare is down 23% after reporting weak earnings for the first quarter of fiscal year 2025. It is seeing demand pressure for many of its products, especially in China, and decided to slash its quarterly dividend payment.Here's why Estée Lauder stock is down big this week.We ...