Source: MarketScreener

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

( 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...

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Fabrizio Freda's photo - President & CEO of Estee Lauder

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Fabrizio Freda

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