Among active stocks, Estée Lauder ( EL) is the weakest stock in the S&P after the company’s downbeat outlook into the current fiscal quarter, along with plans to revive the business through job cuts ...
CEO Bill Waltz highlighted that Q1 performance met expectations with net sales of $662 million and adjusted EBITDA of $99 million. Adjusted EPS reached $1.63, near the top end of their guidance range.
Tariffs on Canada and China are still set for midnight. It the tariffs do go into effect, they include 25% on imports from Mexico and Canada, and a 10% tariff on goods from China.