The notorious short-seller Carson Block has a new target: the discount cosmetics company ELF Beauty. The California-based beauty company "seems to sell product it does not have," Block ...
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Carson Block’s firm added: “We believe that in Q2 FY24, ELF management realized its growth narrative was in trouble as its inventory built. It appears that ELF then began reporting inflated ...
11:32 EST Muddy Waters short Elf Beauty (ELF), sees ‘revenue and inventory mystery’ Don't Miss our Black Friday Offers: Discover the latest stocks recommended by top Wall Street analysts ...
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LONDON (Reuters) - Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fund's chief executive Carson Block said at the Sohn conference in London on Wednesday.