False eyelashes are a bright spot in a challenged cosmetics industry [MarketWatch]
e.l.f. Beauty, Inc. (ELF)
Last e.l.f. beauty, inc. earnings: 2/5 04:05 pm
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Source: MarketWatch
False eyelashes are a bright spot in a challenged cosmetics industry The cosmetics industry may have hit a rough spot, but one part of the sector still looks good: false eyelashes. Nielsen data shows that U.S. sales of eyelashes have gained $270 million, or 31%, over the last year. Eyelash sales were up 21% last week. Meanwhile cosmetics and nails saw a 2% drop in sales last week, down to $149 million. Over the last year, health and beauty sales have risen 2%, mostly due to items like vitamins and bath and shower products, according to the data. After its second-quarter earnings announcement in August, E.L.F. Beauty Inc. ELF, +2.99% laid out a turnaround strategy that includes an investment in the brand. "Mass beauty category growth remains weak, down low-single digits in the 12-weeks ended 9/8, which was in-line with trends seen in 1H18," wrote Wells Fargo analysts in a Monday note following the financial group's inaugural Beauty Forum. "Management attributes some of the weakness
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ELF
News
- E.l.f. Beauty (ELF) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- e.l.f. Beauty (ELF) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance]Yahoo! Finance
- E.l.f. Beauty (ELF) Increases Despite Market Slip: Here's What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Beauty sector gains on L'Oréal results [Seeking Alpha]Seeking Alpha
- e.l.f. Beauty, Inc. (NYSE: ELF) was upgraded by analysts at TD Cowen from a "hold" rating to a "buy" rating. They now have a $190.00 price target on the stock, down previously from $220.00.MarketBeat
ELF
Earnings
- 2/6/24 - Beat
ELF
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- 4/23/24 - Form 4
- ELF's page on the SEC website