According to Securities Times Online, Est é e Lauder's stock price plummeted nearly 20% due to the unexpected withdrawal of its full fiscal year 2025 performance outlook. The decision to withdraw is mainly due to the uncertainty of the new CEO candidate and weak market demand. The company's first quarter report as of September 30th showed a 4% year-on-year decrease in sales and a net loss of $156 million, due to talc litigation related expenses and decreased product demand, compared to a slight profit in the same period last year. Est é e Lauder also announced a reduction in dividends to a more appropriate payout ratio.