Estee Lauder expects a total net reduction of 10,000 positions and gross benefits of $1.2 billion from its Profit Recovery and Growth Plan, with cumulative charges expected slightly above the high end of the $1.5–$1.7 billion range.
FirstSquawk08/19, 05:03 PM
- 10,000 positions
- $1.2 BLN
- $1.5 billion to $1.7 billion
Figures as quoted by FirstSquawk
Related assets
Coming up for EL
Explore next
Latest EL news
Finnhub09/12, 06:10 AM
Jin1008/24, 03:11 PM
Berenberg raised Estée Lauder (EL.N) price target from 84 to 92 USD.
Jin1008/20, 12:22 PM
RBC raised its price target on Estée Lauder (EL) from $111 to $120.