E.l.f. Beauty Anticipates $55 Million Tariff Refunds and Plans Price Reductions
E.l.f. Beauty expects refunds of approximately $55 million related to tariffs, which the CEO plans to reinvest in the business by adjusting price points on key products. The company is rolling back some previous price increases after testing a successful reduction with one product line.
Tickers: $ELF
Topics: earnings report price strategy tariffs