LTN’s “Lipstick” Indicator Says US, World Consumer is Challenged
LTN’s “Lipstick” Indicator Says US, World Consumer is Challenged Cosmetics maker Estee Lauder Cos. (NYSE:EL) reported a smaller-than-expected rise in Quarterly sales, hurt by a slowdown in sales in the Americas as fewer consumers visited department stores and tourist spending declined. Shares of the company were down about 4% at 91.73 Friday, up to Thursday’s […]