e.l.f. Beauty shares plummet as guidance lower-than-expected on tariff worries

ELF earnings are out as well and the beauty company beating on earnings, but revenue of $344 million was 22 million short of the estimate. So you can see a big drop there, too. Shares are currently down 16%.Its guidance for earnings and revenue both well short of the current consensus. The company noting that gross margins decreased 165 basis points and that was driven by higher tariff. ...