Estee lauder reports quarterly non-gaap loss per share of $0.53

The estÉe lauder companies reports fiscal 2020 results.sees q1 2021 earnings per share $0.80 to $0.85 excluding items.estee lauder companies - qtrly loss per share $1.28.qtrly net sales $2.43 billion versus $3.59 billion.q4 earnings per share view $-0.19, revenue view $2.45 billion -- refinitiv ibes data.qtrly non-gaap loss per share $0.53.not providing specific sales and eps guidance for fiscal 2021 full year.qtrly non-gaap, constant currency loss per share $0.50.q1 reported net sales are forecasted to decline between 12% and 13%.excluding impact of acquisition, 1% negative impact from currency, q1 net sales forecasted to decrease 14%-15%.estimates a net reduction in the range of approximately 1,500 to 2,000 positions globally.estimates closure of between 10-15% of its freestanding stores globally.estee lauder companies - sees q1 2021 diluted net earnings per common share to be $0.77 and $0.83.estee lauder companies - estimates job cuts of primarily pos employees, related support staff in areas that were most disrupted, about 3% of workforce.estimates closure of certain less productive department store counters that company elects to close.estee lauder companies - once acceleration program fully implemented, expects restructuring, other charges of $400 million - $500 million, before taxes.
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