e.l.f Beauty Shares Plunge. Should Investors Buy the Stock on the Dip or Stay Away?

It has been a roller-coaster ride for shareholders in e.l.f. Beauty (NYSE: ELF) over the past year. After a steep drop early this year and a strong rally following the company's May announcement of its plan to acquire Rhode, the stock was close to even for the year heading into its fiscal 2026 second-quarter report this week. But shares plummeted after it reported its results on Wednesday, and the stock is now down more than 40% on the year.Is the cosmetic company's latest dip a buying opportunity or should investors stay away?When e.l.f. Beauty reported its fiscal 2026 Q1 results, it did not provide full-year guidance due to uncertainty over how President Donald Trump's tariffs would affect the business and the broader economy, and there certainly seemed to be a disconnect when the company issued guidance this time around. It is also worth noting that, historically, e.l.f. management has tended to be very conservative with its guidance. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool