Estee Lauder Projects $200 Million Savings From Online Shift
Estee Lauder is shifting toward more online sales, a move the company projects will save $200 million. The company is lifting its full-year earnings guidance to approximately $2.40 per share. Fiscal third-quarter results exceeded both top and bottom-line expectations.
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Sources · 7 independent
Bloomberg Radio
“Estee Lauder shifts to more online sales and the company projects that will save them $200 million in guidance. Following that, they are lifting their full year earnings guidance with an outlook of about $2.40 per share.”
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