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Estee Lauder forecasts weaker annual sales, profit on slow recovery in Asia travel retail

Estee Lauder forecast annual sales and profit below estimates on Friday, indicating a slower-than-anticipated rebound in its travel retail business, mainly in Asia, and waning demand in the United States, sending shares down 3 per cent.

Media Miss by the Left

See who else is reporting on this story and which side of the political spectrum they lean.

9 other sources covering this story

Total News Sources

9

Leaning Left

0

Center

6

Leaning Right

3

Last Updated

1 month ago

Bias Distribution

Left 0%

Center 67%

Right 33%


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