Disappointing Estée Lauder results hint at future layoffs
Estée Lauder(EL) Invezz·2024-02-05 21:32
The Estée Lauder Companies (including brands like Clinique, Bobbi Brown, Too Faced and Estée Lauder itself), announced its Q2 2024 financial results on February 5th.The none-too-pretty results included some grim sales figures and disappointing EPS for investors – but also hinted at a much more bare-bones rest of 2024, which may include yet more of the layoffs several companies have posted recently. A disappointing make-upCopy link to sectionThe company had a disappointing second quarter, with net sales of ...