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Estée Lauder Withdraws Guidance, Cuts Dividends on China Uncertainties and New CEO

The embattled cosmetics group has pulled its fiscal 2025 outlook and amended its dividend payouts citing continued headwinds in China and its incoming new leadership, sending its stock down 16 percent.
Estée Lauder projected annual sales and profit below estimates.
Estée Lauder Cos. pulled its guidance for the year, citing uncertainty over a new chief executive and weak demand in China. (Shutterstock)

Estée Lauder Cos. pulled its guidance for the year, citing uncertainty over a new chief executive and weak demand in China.

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