Investing.com -- ELF Beauty Inc (NYSE:ELF) said Thursday that allegations from short-seller Muddy Waters (NYSE:WAT) about overstated revenue and inflated inventory figures are "without merit." Muddy ...
(Reuters) -Elf Beauty said on Thursday allegations by short-seller Muddy Waters about the beauty company overstating its revenue and inventory numbers were "without merit". Muddy Waters has taken a ...
Muddy Waters is short e.l.f. Beauty because the firm believes the company has “materially overstated revenue over the past three quarters – possibly by ~$135 million to ~$190 million.” Carson Block’s ...
Elf Beauty (ELF) issued the following statement in response to a report published by Muddy Waters Research on November 20, 2024: “Muddy Waters’ latest report is an attempt by a noted short seller to ...
Muddy Waters alleges E.L.F. has overstated its revenue in last three quarters by approximately $135 million to $190 million. "We believe that in Q2 FY24, ELF management realized its growth narrative ...