e.l.f. Beauty Stock Just Got Hammered. Is This a Buying Opportunity?

Shares of e.l.f. Beauty (NYSE: ELF) were slammed after the company's latest quarterly update, losing more than a third of their value. The pullback was driven by management's disappointing full-year outlook -- especially as it relates to its profit guidance.The beauty company, known for value-priced cosmetics and a growing skin-care lineup, also closed its first quarter integrating Rhode -- Hailey Bieber's brand -- into its portfolio, which added a new growth lever but didn't quiet investor concerns about near-term profitability.With the stock down about 40% year to date, it's a good time to take a look at the stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool