Estée Lauder Stock Drops 20% Despite Beating Expectations and Raising Outlook
ByAinvest
Friday, Feb 6, 2026 10:36 pm ET1min read
EL--
Estée Lauder's Q2 results beat expectations, but the company's reiteration of a $100 million expected second-half tariff hit to profits and steady stock climb off April lows weighed on the shares, causing a 19% drop. Despite this, the company raised its earnings outlook for the full fiscal year. Investors may be concerned about the impact of tariffs on consumer confidence in Latin America.
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