Estée Lauder (
EL) shares slid as the cosmetics company tempered its 2024 forecast, citing slowing China sales and business risks from the Israel-Hamas conflict in the Middle East.
Canada Goose (
GOOS) shares tumble after the winter apparel maker missed second-quarter revenue estimates and reduced full-year guidance. It faces consumer cutbacks amid inflation.
Norwegian Cruise Line (
NCLH) trims its profit outlook as surging fuel expenses weigh on margins. The company has struggled to offset soaring costs even as travel demand continues.
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