Welcome to our dedicated page for Yatsen Hldg news (Ticker: YSG), a resource for investors and traders seeking the latest updates and insights on Yatsen Hldg stock.
Yatsen Holding Limited (NYSE: YSG) is a China-based multi-brand beauty group focused on color cosmetics and skincare. Its news flow frequently centers on financial performance, brand development and research-driven product innovation across its portfolio, which includes Perfect Diary, Little Ondine, Pink Bear, Galénic, DR.WU (its mainland China business), Eve Lom and EANTiM.
Investors and followers of YSG news can expect regular updates on quarterly and annual financial results, often released via press releases and accompanied by conference calls with management. These announcements detail trends in total net revenues, the revenue mix between Skincare Brands and Color Cosmetics Brands, gross margin movements, operating expenses and net income or loss, along with non-GAAP metrics that the company uses to assess its performance.
Yatsen’s news also highlights its strategic emphasis on skincare and R&D, including information on new product launches under brands such as Galénic, DR.WU and Perfect Diary, as well as reports on its scientific initiatives and collaborations. Corporate communications have covered topics like the publication of a beauty innovation white paper, participation in international cosmetic and dermatology congresses, and the evolution of its global research network.
In addition, YSG news items may include disclosures about share repurchase programs, the filing of its annual report on Form 20-F, and commentary from senior management on market conditions, strategic transformation and profitability goals. For anyone tracking Yatsen, the news stream provides insight into how the company manages its brand portfolio, invests in beauty science and positions itself within the Chinese and global beauty markets.
Yatsen Holding Limited (NYSE: YSG), a prominent player in China's beauty market, announced it will disclose its unaudited financial results for Q2 2022 on August 25, 2022, before U.S. market opening. Management will host a conference call at 7:30 AM ET to discuss these results. Yatsen continues to evolve its diverse portfolio, which includes popular brands like Perfect Diary and Dr. Wu, aiming to enhance beauty experiences for consumers.
Yatsen Holding Limited (NYSE: YSG) announced on August 2, 2022, that it has regained compliance with the NYSE's minimum share price requirement, as detailed in a letter received from the exchange on August 1, 2022. The compliance issue arose after the average closing price of the Company's American depositary shares fell below $1.00 for 30 consecutive trading days, a situation previously communicated in an April 11, 2022 letter. Yatsen's recovery reflects its adherence to NYSE listing standards, enhancing investor confidence and market standing.
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Yatsen Holding Limited (NYSE: YSG) reported a 38.3% decline in total net revenues for Q1 2022, totaling RMB891.0 million (US$140.5 million), primarily due to a 45.6% decrease in color cosmetics sales. However, skincare revenue surged by 68.5% to RMB182.7 million, representing 20.5% of total revenue. The net loss narrowed by 8.7% to RMB291.4 million (US$46.0 million), while non-GAAP net loss decreased by 33.6% to RMB155.6 million (US$24.5 million). Yatsen anticipates Q2 2022 revenues to decline 37% to 47% year-over-year.
Yatsen Holding Limited (NYSE: YSG), a prominent player in China's beauty market, will announce its unaudited financial results for Q1 2022 on May 24, 2022, before U.S. market opens. The management will host a conference call that day at 7:30 AM ET to discuss these results. Yatsen, founded in 2016, offers various beauty brands including Perfect Diary, and utilizes a direct-to-consumer model to engage customers both online and offline.
On May 6, 2022, Yatsen Holding Limited (NYSE: YSG) announced its provisional identification by the SEC as a Commission-Identified Issuer under the Holding Foreign Companies Accountable Act (HFCAA). This follows the filing of its annual report for the fiscal year ended December 31, 2021. The identification indicates that the SEC determined the audit firm used by Yatsen was not fully inspectable by the PCAOB. If identified for three consecutive years, YSG shares may be prohibited from trading on U.S. exchanges. Yatsen is exploring solutions to protect stakeholder interests while aiming to maintain its NYSE listing.
Yatsen Holding Limited (NYSE: YSG), a prominent Chinese beauty company, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the U.S. SEC on April 22, 2022. This report is accessible on the Company's investor relations website and the SEC's site. Yatsen aims to enhance consumer beauty experiences with brands like Perfect Diary and DR.WU, showcasing its strong e-commerce presence across major platforms in China. Shareholders can request hard copies of the report at no charge.
Yatsen Holding Limited (NYSE: YSG) has received a notification from the NYSE stating that it is non-compliant due to its American depositary shares trading below $1.00 for 30 consecutive days as of April 11, 2022. The company has a six-month period to rectify this by achieving a closing price of at least $1.00. If compliance is not restored, delisting procedures will commence. Yatsen plans to monitor market conditions and explore options to resolve this issue and prevent any potential delisting.
Yatsen Holding Limited (NYSE: YSG) announced its fourth quarter and full year 2021 financial results on March 10, 2022. Fourth quarter net revenues fell 22.1% to RMB1.53 billion (US$239.8 million), while full-year revenues rose 11.6% to RMB5.84 billion (US$916.4 million>. Gross margin for Q4 was 65.0%, slightly down from 66.3% a year prior, yet annual gross margin improved to 66.8%. Despite challenges impacting the cosmetics segment, the company noted robust skincare sales. Yatsen expects Q1 2022 revenues to decline 35% to 40% year-over-year.
Yatsen Holding Limited (NYSE: YSG) will announce its unaudited financial results for the fourth quarter and full year ending December 31, 2021, on March 10, 2022, before U.S. markets open. A conference call is scheduled for the same day at 7:30 AM ET to discuss the results, with access numbers provided for listeners. Yatsen has established itself as a leading player in China's beauty market since its founding in 2016, leveraging a direct-to-customer model with various successful brands, including Perfect Diary. For more details, visit their investor relations website.