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0.00109950522264981 -0.00133511348464621 0.00636142307390248 0.00428807036833419 0.00243461870729591 -0.00730385612188806 -0.00958140265451985 -0.0168852587764078
Stock impact report

What Does the Recent Volumetric Slowdown Mean for Elf Beauty (ELF) [Yahoo! Finance]

e.l.f. Beauty, Inc. (ELF) 
Last e.l.f. beauty, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.elfcosmetics.com
Company Research Source: Yahoo! Finance
On March 9, Piper Sandler highlighted that the February consumption data for e.l.f. Beauty Inc. (NYSE:ELF) declined to a flat level, a 5-point deceleration from January. In contrast to high single-digit in the U.S. during the third quarter, Q4-to-date consumption data is running at low single digits, and comparable trends were observed mid-month at a rival conference. Because spring innovation is being set at partners, the firm thinks this might be tied to the weather. Africa Studio/Shutterstock.com The slowdown was caused by volume, which had been in the negative mid-single digit range since higher pricing was implemented, falling to minus 10% in February. Concurrently, in the United States, the mass cosmetics market grew by 2% between January and February. The firm continues to assess Elf as Neutral because of its ability to develop its main business from low single digits. Back on February 9, Oliver Chen from TD Cowen maintained a Buy rating on e.l.f. Beauty Inc. (NYSE:ELF). Show less Read more
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