Reported 26 days ago
In a recent analysis, B. Riley Securities analyst Anna Glaessgen evaluated the beauty industry, marking Ulta Beauty with a Sell rating due to external challenges and market deceleration. Despite these headwinds, she noted e.l.f Beauty's impressive growth trajectory and strong social media presence, predicting continued success. Conversely, Estée Lauder is facing domestic struggles despite its success in the Asia-Pacific region. Overall, Glaessgen highlighted the resilience of the beauty sector amidst a slowing economy.
Source: YAHOO