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0.000548426017330231 -0.00109685203466046 0.0059230009871669 0.0106394647362071 0.0322474498190194 0.0253372820006581 0.0536360644948996 0.031589338598223
Stock impact report

Estée Lauder expects $100 million tariff hit to full-year profitability; stock sinks more than 20% [MSNBC.com]

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: MSNBC.com
In this articleIn this photo illustration the Estee Lauder Companies Inc. logo seen displayed on a smartphone with Estee Lauder Companies Inc. logo in the background.Thiago Prudencio | Lightrocket | Getty ImagesEstée LauderThe beauty company's stock tumbled more than 20% in midday trading.The company is currently in the midst of aturnaround planEstée Lauder said it has been "actively evaluating developments and mitigation strategies" to reduce tariff impacts. The company said it has leveraged trade programs, optimized its regional manufacturing footprint and increased supply chain agility, all of which have offset more than half of the expected impacts.The company said it expects tariff headwinds to impact profitability mostly in the second half. It also identified assumed tariff rates in Switzerland, Canada, China, Mexico, the European Union and Japan, where it has a facility, as part of its calculation.Still, Estée Lauder said it continues to monitor the active tariff situations and Show less Read more
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