Estee Lauder shares are trading lower after L'Oreal reported worse-than-expected Q2 results.
Portfolio Pulse from Benzinga Newsdesk
Estee Lauder shares are trading lower after L'Oreal reported worse-than-expected Q2 results.
July 30, 2024 | 5:02 pm
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NEGATIVE IMPACT
Estee Lauder shares are trading lower due to L'Oreal's worse-than-expected Q2 results, indicating potential sector-wide challenges.
L'Oreal's disappointing Q2 results suggest potential sector-wide issues, leading to a decline in Estee Lauder's stock price as investors anticipate similar challenges.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80