This Beauty Stock Poised For A Comeback?

The cosmetics seller reported a nearly 50% increase in its first-quarter revenue from skincare products as it pivots to the segment from make-upKey Takeaways:Yatsen's first-quarter net loss narrowed sharply to less than $1 million, as it reported a profit on a non-GAAP basisSkincare products accounted for 43.5% of the cosmetics seller's net revenue for the quarter, up from 31.7% a year earlierWhen Yatsen Holding Ltd. (YSG.US) Chairman Huang Jinfeng declared his company was on the cusp of a turnaround in Apr ...