BeautyHealth's gross margin missed expectations due to highe...

Moomoo AI Mar 13, 2024 05:00

BeautyHealth's gross margin missed expectations due to higher inventory charges and product costs. Weaker pricing power and increased raw materials/transportation costs led to a decline in operating margin. Despite this, the stock rose 19.6% post-reporting.

BeautyHealth (NASDAQ:SKIN) Beats Q4 Sales Targets, Stock Jumps 19.6%

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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