Magnificence Inventory's submit Principal losses after every week of worrying outcomes

On February 5, 2025 in New York City there is on the ground of a department store in Brooklyn in Brooklyn.

Spencer Platt | Getty pictures

Several beauty shares recorded great losses this week, such as companies like Elf Beauty And Estee Lauder Reported disappointing profits and reduction.

Eleven completed the worst week since August 2018, with the shares crater over almost 29% over the period of five days. The cosmetics brand achieved sales for the third quarter of the financial year on Thursday, but missed the adjusted profit per share and reduced its total annual instructions to USD 1.3 billion and USD 1.31 billion, which is between 1.32 billion USD $ 1.34 has reduced billion.

In an interview with the results, CEO Tarang Amin announced that the cosmetics sector decreased by 5% in January, which he was due to a hangover from the holiday judge and a withdrawal of online attention to beauty products.

Morgan Stanley analysts, since Davidson and UBS have downgraded the share to neutral or the same weight according to the report, citing the cut.

Estee Lauder's shares fell by 22% a week and marked the worst week of the share since November. The company said on Tuesday that it would reduce between 5,800 and 7,000 jobs by the end of the 2026 financial year, and the soft demand in Asia in Asia would damage its net turnover in the third quarter.

Despite a bar in the second quarter, the stocks stormed for revenue and win each share.

“Simply said we lost our mobility. We did not benefit from the chances of greater growth,” said CEO Stéphane de la Faverie, who started in the position on January 1.

Shares of Ulta beauty And Coty This week, too, 9% or almost 8% were put under pressure this week. It was Ulta's worst week since April and Coty's worst week since October.

On Thursday of eleven Beauty, Amin saw “a little softness” in Ulta, one of the brand, “a little softness” in January in Ulta, one of the brand's retailers.

Like others in the United States, the beauty sector is at risk that tariffs will be eaten in their profits. China announced tariffs for selected US imports on Tuesday in response to the additional 10% tariffs for Chinese goods.

Elf, for example, produces about 80%of his products in China, but Amin told CNBC that the company was “relieved” to see that Trump raised tariffs of only 10%when he had previously loaded taxes up to 60% .

(Gabrielle from CNBC).