Why Estée Lauder Dropped Today
Estée Lauder reported continued declines as it strives to cut costs amid a soft global economy.Shares of beauty giant Estée Lauder (EL -4.47%) fell as much as 6.1% on Wednesday before recovering to a 4.3% decline as of 2:25 PM ET following this morning's Q4 2025 earnings release.The beauty giant reported results that actually beat analysts' very low expectations but still showed stark declines from the prior year. While Estée Lauder's new CEO touted savings from the company's "Profit Recovery and Growth Pla ...