Elf Beauty shares crater; company in part blames TikTok, LA fires
Elf Beauty's shares tumbled over 20% Friday after the cosmetics company cut its annual net sales and profit forecasts, citing weak demand in the mass beauty category at the start of the year in part because of the LA wildfires and the lack of clarity of the fate of TikTok in the U.S. Alex Cohen has more.
Price targets for the shares are also moving lower after the makeup manufacturer said sales slowed at the start of the year.
ELF's CEO, Tarang Amin, said that "consumer mindset" was focused on the LA wildfires and "uncertainty around the TikTok ...
Thank you for joining us today to discuss e.l.f. Beauty's third quarter fiscal '25 results. I'm KC Katten, vice president of ...
E.l.f. Beauty shares are sinking in premarket trading, a day after the cosmetics retailer lowered its outlook for its fiscal full year following soft sales in January.
U.S.-based e.l.f. Beauty (ELF) saw its stock plunge nearly 25% in after-hours trading as the retailer slashed its revenue ...
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5 elf cosmetics kits and sets to gift her for Valentine’s DayThe Glow All Out - Halo Glow Bundle is the most customizable set on the list. It contains six makeup items that range from ...
LOS ANGELES, CA / ACCESS Newswire / February 7, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is ...
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