As the holiday season unwraps, retailers and brands are doing what they can to entice consumers to go out and spend. One stock that looks poised to benefit from this trend is makeup company e.l.f. Beauty different from legacy cosmetics companies, and what tailwinds could push the growth stock even higher.
Coty, Inter Parfums, e.l.f. Beauty and European Wax Center have been highlighted in this Industry Outlook article.
In a notable insider transaction, Director Richard Wolford of e.l.f. Beauty Inc (NYSE:ELF) parted with 34,500 shares of the company on November 28, 2023.