Stock prices plummet! Tariffs erode profits, and Estee Lauder's (EL.US) 2026 financial year guidance falls short of expectations.
According to the Securities Times APP, before the US stock market opened on Wednesday, Este Lauder Companies (EL.US) announced its performance for the fourth quarter of the 2025 fiscal year ending June 30. The financial report shows that Este Lauder's Q4 revenue was $3.41 billion, a 12% decrease compared to the same period last year, but still better than market expectations; earnings per share were $0.09, also better than market expectations. However, due to the drag of tariff costs, Este Lauder's profit guidance for the 2026 fiscal year was lower than expected, causing the stock price to plummet.
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