Source: MarketScreener

Estee Lauder: Estee Lauder Says Strong Dollar Expected to Hurt Sales -- Currency Comment

(marketscreener.com) By Paulo Trevisani Estee Lauder Cos. said Wednesday the outlook for fiscal 2023 is lowered in part because of the strong dollar. Net sales are forecast to decrease between 6% and 8% in the year ending June 30, versus a year earlier, including a 6% negative impact from foreign currency translations, among other things. The company...https://www.marketscreener.com/quote/stock/THE-ESTEE-LAUDER-COMPANIE-12437/news/Estee-Lauder-Says-Strong-Dollar-Expected-to-Hurt-Sales-Currency-Comment-42179486/?utm_medium=RSS&utm_content=20221102

Read full article »
Est. Annual Revenue
$2B
Est. Employees
5,000
Fabrizio Freda's photo - President & CEO of Estee Lauder

President & CEO

Fabrizio Freda

CEO Approval Rating

66/100

Read more