Editor
Estée Lauder Cos.’ chief financial officer, Tracey Travis, defended the beauty company’s plans to turn around its business on Wednesday and cited “unprecedented volatility” as executives cut the outlook for the fourth time in the last 12 months.
The company’s decision to slash its full-year forecast — again — caught Wall Street off guard as it became clear the company hasn’t been able to get a handle on plunging sales at its…
