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Stock impact report

Estée Lauder CFO on driving a turnaround led by consumer-first innovation [Fortune]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Fortune
Recommended Video The company beat both revenue and earnings expectations in its latest quarter. “2025 was a year of stabilization, building credibility, and promises kept,” EVP and CFO Akhil Shrivastava told me. Shrivastava, who joined ELC 10 years ago, was promoted to finance chief in November 2024, succeeding Tracey Travis who retired, and shortly before President and CEO Stéphane de La Faverie assumed his role. Their first joint earnings call in February was significant, as they announced the “Beauty Reimagined” strategy, Shrivastava said. The plan was created to restore credibility, address declining sales, a softening of demand in Asia , improve market agility, and respond to rising competition. It includes restructuring, job cuts , and a greater emphasis on innovation and digital sales. For the quarter ending Sept. 30, ELC ( No. 279 on the Fortune 500) saw early recovery in China and travel retail, posting 4% year-over-year sales growth in Q1 fiscal 2026. Consistently Show less Read more
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