Disappointing Estée Lauder results hint at future layoffs

The Estée Lauder Companies (including brands like Clinique, Bobbi Brown, Too Faced and Estée Lauder itself), announced its Q2 2024 financial results on February 5th.The none-too-pretty results included some grim sales figures and disappointing EPS for investors – but also hinted at a much more bare-bones rest of 2024, which may include yet more of the layoffs several companies have posted recently. A disappointing make-upCopy link to sectionThe company had a disappointing second quarter, with net sales of ...