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Stock impact report

Estée Lauder Cousins Leave Daily Roles as Shares Tumble [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
management for the first time since its founding 75 years ago as it faces its worst outlook in years. Most Read from Bloomberg Is Denver's Big Bet on E-Bikes Paying Off? Chicago Mayor Seeks Property Tax Hike, Breaking Campaign Vow The Answer To Making Cities More Family-Friendly? Courtyards NY Transit Agency Takes Next Step on Brooklyn-Queens Rail Link A South Korean City Plays Matchmaker to Tackle a Fertility Crisis On Thursday, shares plummeted the most on record after the company pulled its guidance for the rest of the fiscal year because of what it said was increased uncertainty around its business in China and the plans of its incoming chief executive officer, who takes the helm in January. During the past two years, Estée Lauder has repeatedly cut its guidance, giving Wall Street the impression executives don't have a grasp on their business. Earlier in the week, two of the Lauder cousins said they were stepping down from their roles at the company in the coming Show less Read more
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