Business

E.l.f. Beauty Adjusts Prices Amid Economic Pressures

Updated 2026-05-20 20:35 UTC 1 source Neutral

E.l.f. Beauty is reducing some of its previously increased prices due to high gas costs and consumer resistance, reflecting ongoing economic challenges for the cosmetics industry.

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CNBC
E.l.f. Beauty raised prices by $1 last August to offset the impact of tariffs. It's now planning to walk back some of that back amid a consumer pullback.
2026-05-20 20:26 UTC
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