YATSEN HOLDING LTD ADR

Yatsen's Q2 2026 total net revenue rose 5.1% year over year to RMB 1.14 billion, led by a 40.4% increase in skincare sales which now represent 71.5% of revenue, while color cosmetics declined 35.8% amid portfolio rationalization. Gross margin fell to 73.9% from 78.3% due to higher inventory provisions, and the company posted an operating loss of RMB 131.9 million and a net loss of RMB 90.8 million. Management appointed Ms. Wang as CFO, reiterated R&D and brand investments, and guided Q3 revenue of RMB 898.6 million to RMB 998.4 million (0% to -10% year over year). » More on finance.yahoo.com

Yatsen reported Q2 2026 revenue rising 5.1% to RMB 1.14 billion, driven by a 40.4% increase in its skincare business, which accounts for 71.5% of sales. Gross margin fell to 73.9% after impairment-related write-downs in decorative cosmetics, while the operating loss widened to RMB 131.9 million. For Q3 management forecasts revenue of RMB 898.6–998.4 million (flat to -10% y/y) and plans further focus on skincare, channel optimization and the use of AI to boost efficiency. The stock rose about 4.1% premarket to $2.77. » More on de.investing.com

Yatsen reported Q1 2026 net revenue of CNY 1.02 billion, up 22.5% year over year, driven by a 58.5% increase in skincare sales while color cosmetics fell 5%. Gross profit and margin improved, but operating expenses rose 32.5% due to higher marketing and Douyin traffic costs, widening the net loss to CNY 61.9 million. Management emphasized R&D-led skincare innovation, brand building and channel optimization, and completed a tranche of convertible notes and warrants. Yatsen guided Q2 revenue to CNY 1.2–1.3 billion (about 10–20% growth) and held CNY 934.2 million in cash and short-term investments at quarter end. » More on finance.yahoo.com