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Cannabis Chic: The Exciting Intersection Of Beauty, Wellness And Weed Could Unlock A Green Rush For L'Oréal And CPG Brands
Saturday, March 18, 2023 - 1:18pm | 721The global beauty industry currently generates $100 billion in revenue, and by 2023, consumers in the United States are projected to spend almost $24.5 billion on beauty and cosmetic products online. But consumers are looking for something else, beyond the looks. Consumers are adopting a holistic...
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Yatsen IPO: What Investors Should Know About Chinese Beauty E-Com Company
Thursday, November 19, 2020 - 9:26am | 444A leading Chinses beauty e-commerce company will hit the public market Thursday. The Offering: Yatsen (NYSE: YSG) plans on selling 58.75 million ADS at a price point of $8.50 to $10.50. The company says it has the no. 1 online color cosmetics brand in China with Perfect Diary. Little Ondine is...
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Pro Offers Cheaper Alternative In The Beauty Stock Drawer
Friday, August 14, 2020 - 12:19pm | 443Beauty stocks were in focus Thursday after Oppenheimer analyst Rupesh Parikh upgraded Estee Lauder Companies Inc (NYSE: EL) to Outperform and named it a "top pick." But with a price tag north of $200 per share and a valuation above $75 billion, one market pro has a cheaper alternative...
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CVS, Walgreens And Walmart Will No Longer Lock Up African American Beauty Products
Friday, June 12, 2020 - 8:57am | 361Retailor Walgreens Boots Alliance Inc. (NYSE: WBA), drugstore chain CVS Health Corp (NYSE: CVS) and Walmart Inc.’s (NYSE: WMT) will stop the practice prevalent at some stores of locking up beauty products meant for people of color. What Happened The practice of locking up...
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Coronavirus Even Harmful To The Beauty Market – But E-Commerce Makes It All Better
Wednesday, March 4, 2020 - 11:08am | 919"Mirror, mirror, on the wall, who's the fairest of them all?"- is no longer the question that beauty companies want answered, the answer of course being anyone who uses their products! It is rather how much harm will the coronavirus brekaout cause to their top and bottom lines as...
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Ulta Beauty CEO Reflects On The Past 10 Years In CNBC Interview
Friday, January 10, 2020 - 8:20am | 405Beauty retailer Ulta Beauty Inc (NASDAQ: ULTA) ranks among the top 10 best-performing stocks of the 2010s, and Mary Dillon was the CEO for most of that time. She joined CNBC on Thursday to talk about the past decade and what's yet to come. Thrilling 10-Year Run Dillon said she is "thrilled...
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Analysts: Few Blemishes In Estee Lauder's Q4 Print
Tuesday, August 20, 2019 - 1:32pm | 615Estee Lauder Companies Inc (NYSE: EL) delivered a strong fourth quarter, beating Street estimates on earnings and sales, and boosting guidance. Several analysts remained bullish on the stock, noting the beauty company’s seeming ability to defy expectations for slowing growth. The Analysts...
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Analyst Breaks Down Colgate's Largest Acquisition Since 1995
Friday, July 12, 2019 - 2:58pm | 322Colgate-Palmolive Company (NYSE: CL) acquired Laboratories Filorga in a move which will support growth amid global challenges, according to Bank of America. The Analyst Bank of America's Olivia Tong maintains a Buy rating on Colgate-Palmolive with a $80 price target. The Thesis Colgate's $1...
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Retail Pro On Lady Gaga's Beauty Line: She's 'Never Gotten Anything Wrong Yet'
Wednesday, July 10, 2019 - 4:02pm | 465International pop star Lady Gaga introduced a new line of beauty products, Haus Laboratories, in a video, and J. Rogers Kniffen Worldwide's Jan Kniffen said it should be a success. Gaga's Beauty Brands Lady Gaga's reputation is stellar, and she's "never gotten...
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More Shelf Space At Target Turns DA Davidson Bullish On e.l.f. Beauty
Tuesday, April 16, 2019 - 3:30pm | 476Recent changes in the beauty aisle at Target Corporation (NYSE: TGT) stores bodes well for beauty company e.l.f. Beauty Inc (NYSE: ELF), according to D.A. Davidson. The Analyst Linda Bolton Weiser upgraded e.l.f. Beauty from Neutral to Buy with a price target lifted from $7 to $15. The Thesis...
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Avon Trades Higher After WSJ Says Company Exploring Reversal Of 2016 Spin
Friday, March 22, 2019 - 8:52am | 342Shares of beauty product company Avon Products, Inc. (NYSE: AVP) gained 7 percent early Friday morning after The Wall Street Journal reported the company may be exploring a change in its structure. What Happened Avon sold an 80-percent stake of its North American business in 2016 to a private...
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6 Reasons Why Coty Is No Longer A Buy At BMO
Wednesday, August 22, 2018 - 10:35am | 417Beauty company Coty Inc (NYSE: COTY) reported fiscal fourth-quarter earnings Monday that prompted BMO Capital Markets to downgrade the stock on fears the company will miss its fiscal 2019 guidance. The Analyst BMO's Shannon Coyne downgraded Coty from Outperform to...
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4 Reasons Why Sally Beauty Was Hit With A BofA Downgrade
Monday, July 16, 2018 - 3:38pm | 497Shares of Sally Beauty Holdings, Inc. (NYSE: SBH) continue to trade near multiyear lows. and investors expecting a notable turnaround in the near-term have four reasons to reconsider, according to Bank of America Merrill Lynch. The Analyst BofA's Olivia Tong downgraded Sally Beauty...
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Analyst: elf Beauty Positioned As Takeout Target
Monday, July 2, 2018 - 12:34pm | 485Beauty product company e.l.f. Beauty Inc (NYSE: ELF) has seen its stock fall 30 percent since the start of 2018 — and investors should consider buying the dip, according to D.A. Davidson. The Analyst Analyst Linda Bolton Weiser maintains a Buy rating on elf Beauty's stock rating with...
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4 Reasons To Like Ulta Beauty, According To Oppenheimer
Tuesday, May 15, 2018 - 2:25pm | 312Oppenheimer's prior case against being aggressive on Ulta Beauty Inc (NASDAQ: ULTA) stock was based on concerns of a slowdown in the beauty segment -- an assumption that no longer holds true. The Analyst Oppenheimer's Rupesh Parikh upgraded Ulta Beauty from Perform to Outperform with a...