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15.05.26 - 13:54
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Here Are Friday′s Top Wall Street Analyst Research Calls: Arista Networks, BWX Technologies, Cisco Systems, Danaher, Doximity, Estee Lauder, Illumina, Texas Roadhouse, Workday, and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading sharply lower as we get set to end one of the most exciting weeks on Wall Street in 25 years. Positive meetings in China with President Trump, who brought his CEO contingent and Elon Musk, and President Xi, massive upside earnings and forward guidance from an OG tech and ... Here Are Friday's Top Wall Street Analyst Research Calls: Arista Networks, BWX Technologies, Cisco Systems, Danaher, Doximity, Estee Lauder, Illumina, Texas Roadhouse, Workday, and More...
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04.05.26 - 16:42
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Wall Street Lifts Estee Lauder Price Targets to $85: Is the China Comeback Finally Real? (24/7 Wall St.)
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Two Wall Street firms lifted their price targets on Estee Lauder Companies (NYSE:EL) stock to $85 on Monday, following a 40% third-quarter earnings beat that reignited the China comeback narrative. Canaccord raised its target from $80 and maintained a Hold rating, while Wells Fargo lifted its target from $75 and kept an Equal Weight rating. ... Wall Street Lifts Estee Lauder Price Targets to $85: Is the China Comeback Finally Real?...
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02.05.26 - 03:09
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Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block (ZeroHedge)
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Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block
Beauty and cosmetics giant Estée Lauder is accelerating its workforce restructuring, announcing Friday morning that it will cut another 3,000 jobs, bringing total planned reductions to as many as 10,000 roles. The move is expected to unlock hundreds of millions of dollars in additional savings. Still, it also suggests a deeper reset in the company's workforce after its hiring spree leading up to Covid, potentially putting a long-term cap on headcount.
The owner of Clinique, La Mer, MAC, Aveda, Bobbi Brown, Jo Malone London, Le Labo, Tom Ford Beauty, Too Faced, and others wrote in an earnings press release that it now "estimates a final net reduction in positions of 9,000 to 10,000, an increase from 5,800 to 7,000." In other words, management found another 3,000 jobs to cut.
According to Bloomberg data, Estée Lauder has a global workforce of about 40,470 as of the second quarter of 2025. The total workforce ...
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