Reported about 7 hours ago
e.l.f. Beauty has revised its fiscal 2025 outlook downward, reporting weaker-than-expected sales in January, which has led to a significant drop in its stock price. Major Wall Street firms like DA Davidson, UBS, and Morgan Stanley have downgraded the stock following this announcement, prompting discussions about the implications for both e.l.f. and the beauty industry.
Source: YAHOO