Tag Archives: US100

Estée Lauder Cuts Forecast, Warns of US$100 Million Tariff Hit

Estée Lauder Cuts Forecast, Warns of US0 Million Tariff Hit

THE WHAT? Estée Lauder has lowered its annual revenue forecast, warning that U.S. tariffs will price the corporate about US$100 million this 12 months, prompting share costs to fall 4% in afternoon buying and selling. THE DETAILS The luxurious magnificence group mentioned it might cut back stock ranges and reduce on promotions to offset rising […]

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