Why e.l.f. Beauty Stock Is Crashing Today
Shares of cosmetics and skincare company e.l.f. Beauty (NYSE: ELF) fell off a cliff Thursday morning following a mixed quarterly report. Revenue rose by 14% year over year to $343.9 million in the second quarter of fiscal 2026, falling short of analyst expectations, while adjusted EPS of $0.68 was better than expected.
The company's outlook was the real problem, though, sending the stock down 33% by 11:10 a.m. ET Thursday, according to data provided by S&P Global Market Intelligence.
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Source Fool.com
