Estee Lauder CEO Fabrizio Freda to retire at end FY25 -3-
FY25 sales seen in range of down 1% to up 2% (Il Sole 24 Ore Radiocor) - New York , 19 Aug - Estee Lauder also provided financial guidance for the first quarter of FY2025 and for the full financial year.
In the first quarter, it expects sales to fall by 3-5%.
Reported diluted EPS is expected to be in a range of a 0.09 dollar per share loss to flat. Adjusted EPS is expected to decrease by 17-89%.
For the full year, sales are seen in a range of down 1% to up 2%. Reported EPS is seen at 2.52-2.76 dollars while adjusted EPS is projected to increase by 7-15%.
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(RADIOCOR) 19-08-24 13:35:33 (0240) 5 NNNN