e.l.f. Beauty Implements Price Cuts to Boost Sales Amid Consumer Pushback
e.l.f. Beauty (ELF) reported strong earnings but noted a shift in consumer behavior due to prior price hikes, prompting the company to lower prices on key products. The strategy led to an 85% sales lift for one product and aims to counter declining unit sales.

Tickers: $ELF
Topics: consumer behavior earnings performance pricing strategy