Coty Withdraws Guidance as New CEO Launches "Curated" Turnaround Strategy
CoverGirl owner Coty scraps 2026 outlook and unveils strategic reset under new CEO Markus Strobel. Shares fall 10% as company refocuses on core prestige brands.
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#ELF↓
e.l.f. Beauty Beats Estimates and Raises Outlook Despite Tariff Pressures
e.l.f. Beauty (ELF) reports strong Q3 results with 38% sales growth, raises full-year forecast, and sees continued demand for affordable cosmetics amid economic uncertainty.
Elf Beauty Stock Plunges 21% on Weak Sales Forecast and Tariff Pressures
Elf Beauty shares tumble as company forecasts disappointing 2026 sales and profits amid rising tariff costs and slower consumer spending. Rhode acquisition provides growth boost but can't offset challenges.
Morgan Stanley Maintains Bullish Stance on Elf Beauty Despite Rhode's Q2 Miss
Morgan Stanley analyst remains confident in Elf Beauty's growth despite Rhode brand's lower-than-expected June quarter revenue, citing strong September Sephora launch and maintaining $170 target.