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Personal Care Stocks Shine Amid Economic Shifts | Business and Finance News
Description
Even as the economy wobbles, people are still splurging on beauty and wellness—thanks to the “lipstick effect.” Personal care stocks delivered solid Q1 results, beating revenue expectations by 2.5%, with stock prices rising an average of 5%. Nature’s Sunshine surged 8.5% in revenue but saw its stock drop 11%—investors wanted more. USANA held steady, beat expectations by 4%, and its stock jumped 11%. Herbalife’s revenue rose 8% but missed next-quarter guidance, sending its stock plummeting. Estée Lauder met targets and edged up modestly; Edgewell, despite flat revenue, soared 18% after beating EBITDA and organic growth. The market’s shifting fast—ethics, trends, and resilience are shaping the future of personal care.
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