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Hong Kong unrest, stronger dollar weigh on Estee Lauder's FY forecast

Hong Kong unrest, stronger dollar weigh on Estee Lauder's FY forecast

Estee Lauder Cos Inc cut its full-year profit forecast on Thursday as it expects to take a hit from the ongoing unrest in Hong Kong and a stronger dollar, taking the sheen off its better-than-expected results and sending its shares down 5%.