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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Estée Lauder Just Revealed How It Plans To Double Down On Profits While Cutting 7,000 Jobs

Estee,Lauder,Store,Sign,Close-up.,Estee,Lauder,Is,A,Luxury

Estée Lauder Companies Inc. (NYSE:EL) jumped in premarket trading Thursday after posting stronger-than-expected first-quarter results and reaffirming its 2026 sales outlook.

The company reported first-quarter adjusted earnings per share of 32 cents, beating the analyst consensus estimate of 17 cents.

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