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New York City, New York, U.S. Estee Lauder was an American businesswoman and founder of the EstÃ©e Lauder Companies, a pioneering cosmetics company. She was also one of the wealthiest self made women entrepreneurs in America. Her company is based on a basic dream of every woman, to look and feel glamorous.
Estee Lauder shares slip after weak guidance. Estee Lauder Cos. shares fell 1.2% in Thursday premarket trading after the beauty company gave fiscal full-year 2017 guidance below consensus. Net income was $428.0 million, or $1.15 per share, down from $447.0 million, or $1.19 per share. Adjusted EPS was $1.22, beating the $1.17 FactSet consensus.