Elf Beauty Forecasts Below-Expectation Sales Amid Potential $20M Impact from Iran War
Elf Beauty (ELF CL=F) has forecast weaker-than-expected sales and profit for the year, citing potential financial impacts of up to $15 million to $20 million due to rising oil prices linked to the U.S.-Israeli war with Iran. The company also mentioned ongoing efforts to offset costs through cost-savings programs and tariff refunds.
Tickers: $ELF
Topics: beauty cosmetics geopolitical_risk tariffs