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Tag: E.l.f. Beauty

Cosmetics Industry Retail Industry
Aria Patel

E.l.f. Beauty Shares Crater as Weakening Cosmetics Demand Dents Annual Forecasts

E.l.f. Beauty Faces Setback as Demand Wanes, Investors React E.l.f. Beauty, a prominent player in the cosmetics industry, experienced a significant blow as its shares nosedived by more than 20 percent during after-hours trading on Thursday. The root cause of this abrupt decline? The company decided to slash its annual net sales and profit projections, […]

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