Estée Lauder Stock Plummets. Ugly Guidance Is Spooking Investors.
1. Estée Lauder's stock fell 7.6% after soft guidance. 2. Quarterly earnings met expectations but sales dropped 12% year-over-year. 3. Adjusted earnings guidance lower than analysts' forecasts by $0.10. 4. U.S. tariffs expected to impact profits by $100 million this fiscal year. 5. Weak demand in China and competition from rivals affect performance.