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Nielsen IQ: The Global beauty and personal care industry value has increased by 7.3% compared to the same period last year.
Global leading consumer insights and market research consulting company NielsenIQ (NIQ) reveals that the global beauty industry has achieved a stable growth of 7.3% compared to the same period last year.
Yatsen Holding Ltd. Reports Mixed Earnings Call Results
What development signals did Yatsen (YSG.US) release during its counter-cyclical growth in Q4?
Recently, Shiseido Company, Limited Sponsored ADR, L'Oreal, Estee Lauder, and others successively disclosed their financial data for the fourth quarter and the whole year of 2024. The Chinese market once again caused major giants to collectively slow down, reflecting the "pressure" in the cosmetic industry. However, the emerging domestic beauty group Yatsen delivered a different report card. The latest Earnings Reports show that Yatsen achieved a revenue of 1.15 billion yuan in Q4, a year-on-year growth of 7.1%, outperforming the Large Cap of the industry; the Non-GAAP Net income margin reached 9.3%, setting a historical high. At the same time, its total revenue for the year reached 3.39 billion yuan. It's also worth noting that Yatsen expects its revenue for Q1 2025 to be 7.
Yatsen Holding Shares Are Trading Lower. The Company Reported Q4 Financial Results.
Earnings Call Summary | Yatsen(YSG.US) Q4 2024 Earnings Conference
Yatsen Reports Q4 and Full Year 2024 Financial Results