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Mixed Q4 Results for Personal Care Companies

Published 2 days, 18 hours ago
Description

Despite beating analyst estimates for Q4 revenues and positive next quarter guidance, personal care companies saw a 14.6% average drop in share prices. Edgewell Personal Care and e.l.f. Beauty underperformed, while Medifast saw the steepest revenue drop. Investors focus on missed full-year guidance, as the sector enters the new year with cautious optimism.

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