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Elf is a very good company but expectations were high going into print, says TD Cowen's Oliver Chen
CNBC Televisionยท 2025-11-06 21:03
He's joining me now to discuss TD Cowan, senior retail analyst Oliver Chen. Oliver, it's great to have you here and this is an interesting one because this stock had been on fire for a long time. It sold in a number of retailers and a number of retailers are having to go through some price adjustments.So, can you explain to those that may not understand the particulars how that really did have an impact on the quarter. >> Yeah, basically Courtney, ELF is raising the cost of their product by about a dollar. ...