Estée Lauder expects $100 million in tariff headwinds to its full-year profitability

In this photo illustration the Estee Lauder Companies Inc. logo seen displayed on a smartphone with Estee Lauder Companies Inc. logo in the background.Estée Lauder said Thursday it's expecting a $100 million hit to its full-year profitability because of tariff impacts. The beauty company's stock tumbled more than 20% in midday trading.The company is currently in the midst of a turnaround plan, dubbed "Beauty Reimagined," that's expected to cost between $1.2 billion and $1.6 billion and is aimed at revitaliz ...