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) reported a 6.0% increase in total net revenues for Q3 2021, amounting to RMB1.34 billion (US$208.4 million). Gross profit rose by 9.6% to RMB911.8 million (US$141.5 million), with a gross margin of 67.9%. Operating expenses decreased by 13.2% year-over-year, reflecting improved cash management. Notably, the company approved a US$100 million share repurchase program. However, the outlook for Q4 anticipates a revenue decline of 15% to 20%, attributed to high comparisons and soft color cosmetics sales.
Yatsen Holding Limited (NYSE: YSG), a top Chinese beauty company, will announce its third-quarter 2021 financial results on November 18, 2021, before U.S. market opening. A conference call is scheduled for the same day at 7:30 am ET to discuss these results. The call can be accessed via multiple international numbers. Yatsen aims to enhance beauty discovery for consumers globally, having launched several notable brands like Perfect Diary and DR.WU. The company's investor relations website will stream the call live and provide archived access.
Yatsen Holding Limited (NYSE: YSG) reported a robust 53.5% increase in net revenues for Q2 2021, reaching RMB1.53 billion (US$236.2 million), driven by a growth in Direct-to-Consumer (DTC) customers and the success of its brands. Gross profit rose to RMB1.00 billion (US$155.2 million), reflecting a gross margin of 65.7%. Despite increased operating expenses, the company improved its net loss margin to 25.7%. Yatsen anticipates net revenues for Q3 2021 to range between RMB1.33 billion to RMB1.39 billion, signifying a growth of 5% to 10% year-over-year.
Yatsen Holding Limited (NYSE: YSG), a leading beauty company in China, will release its Q2 2021 financial results on August 26, 2021, before U.S. markets open. A conference call is scheduled for the same day at 7:30 am ET to discuss these results. Investors can dial in for the call or access a live webcast on the company's investor relations website. Yatsen operates multiple cosmetics brands, including Perfect Diary, which is a top seller in China's online retail market.
Yatsen Holding Limited (NYSE: YSG) reported a strong first quarter for 2021, with total net revenues reaching RMB1.44 billion (US$220.5 million), a 42.7% increase year-over-year. Gross profit surged 58.8% to RMB991.6 million (US$151.3 million), while gross margin improved to 68.6%. The company experienced an 11.6% rise in DTC customers, totaling 9.6 million. Despite these gains, Yatsen posted a net loss of RMB319.0 million (US$48.7 million). For Q2 2021, Yatsen anticipates revenues between RMB1.49 billion and RMB1.54 billion, reflecting approximately 50-55% growth.
Yatsen Holding Limited (NYSE: YSG) will announce its Q1 2021 financial results on May 19, 2021, before U.S. market open. A conference call is scheduled for the same day at 7:30 AM Eastern Time, where the company will discuss the results. Yatsen, a prominent player in the China beauty market, has successfully launched and acquired seven brands since its inception in 2016. The flagship brand, Perfect Diary, has achieved significant market presence. A live webcast of the call will be available on the company's investor relations website.
Yatsen Holding Limited (NYSE: YSG) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on April 21, 2021. The report is accessible on the company's investor relations website and the SEC's site. Yatsen is recognized as a leader in China’s beauty market, having launched and acquired seven brands, including Perfect Diary, which is now the top color cosmetics brand in China by online retail sales. The company utilizes a digitally native direct-to-customer model to effectively engage with consumers across various platforms.
Yatsen Holding Limited (NYSE: YSG) reported impressive unaudited financial results for Q4 and full year 2020. Q4 net revenues surged by 71.7% to RMB 1.96 billion (US$300.6 million), with gross profit increasing 81.6% to RMB 1.30 billion (US$199.4 million). The gross margin improved to 66.3% from 62.7%. However, the company faced a significant operating loss of RMB 1.53 billion (US$235.1 million) for Q4. For 2021, Yatsen expects Q1 revenues to be between RMB 1.37 billion and RMB 1.42 billion, indicating a 35%-40% growth rate.
Yatsen Holding Limited (NYSE: YSG) will announce its fourth quarter and full year financial results for 2020 on March 11, 2021. The announcement will be followed by a conference call at 7:30 AM ET to discuss the details with investors. Yatsen is positioned as a leader in China's beauty market, operating brands like Perfect Diary and Little Ondine. The company leverages a digital direct-to-customer model to engage consumers across major e-commerce and social platforms.
Yatsen Holding Limited (NYSE: YSG) announced the acquisition of the prestigious skincare brand Eve Lom from Manzanita Capital on March 2, 2021. This strategic move aims to enhance Yatsen's portfolio in the rapidly growing China beauty market. The acquisition, expected to finalize in weeks, allows Manzanita to retain a minority stake and continue as a strategic partner. Eve Lom, known for its luxurious products and strong market presence in Asia, is anticipated to benefit from Yatsen's e-commerce capabilities and brand-building expertise, further driving growth and profitability.