Talc litigation hits Estée Lauder Companies earnings as net sales dip 4%
The Estée Lauder Companies (ELC) has reported a 4% decline in net sales for the first quarter of fiscal 2025. Net sales for the three months ended 30 September 2024 were US$3.36bn, down from $3.52bn in Q1 2024. Organic net sales decreased 5%, which the New York-based beauty giant attributed to … Read more