finance.yahoo.com (nprofile…mr8r)
https://media.zenfs.com/en/reuters-finance.com/cda1f111aa326edd84c4d8a3f20db3d0
https://finance.yahoo.com/news/elf-beauty-shares-crater-weakening-225933697.html
finance.yahoo.com / Yahoo! Finance
npub1va…rwc3n
2025-02-08 05:45:05
Author Public Key
npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nPublished at
2025-02-08 05:45:05Event JSON
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"Elf Beauty's shares fell sharply after the company reported weaker-than-expected demand in the mass beauty category, leading to a cut in its annual net sales and profit forecasts. The company's CEO attributed the decline to softer demand in the mass beauty channel in January, as well as the distraction of its core Gen Z demographic by natural disasters, political change, and uncertainty over TikTok's fate. Additionally, the company's reliance on Chinese manufacturing, which could be impacted by President Trump's new tariffs, and consumer uncertainty over inflation and the economy also weighed on the company's performance."
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