Estée Lauder Withdraws Guidance, as Coronavirus ‘More Broadly’ Impacts Business

The Estée Lauder Cos. Inc. is withdrawing previous financial guidance because of the increasing severity of the coronavirus pandemic. The company put out a statement Wednesday saying that guidance for the second half of the fiscal year "reflected the best information available to us at the time, as well as our best estimates about the pace of recovery of our […]

Continue reading »