Growth Has Slowed Dramatically for e.l.f. Beauty. What Should Investors Do With the Stock Now?

The valuation more than doubled when growth was surging, so what will happen now that it's slowing? Shares of cosmetics company e.l.f. Beauty (ELF 0.30%) have quickly plunged about 26% from recent highs and it's because the growth rate has suddenly come crashing down for this high-growth business. On Aug. 8, e.l.f. Beauty's management actually raised its full-year revenue guidance. Previously, it had expected net sales of $1.23 billion, at most, for its fiscal 2025 (which ends in March 2025). Now it expects ...