A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Shares of cosmetics company e.l.f. Beauty (NYSE:ELF)
fell 18% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
Numerous public companies have updated their 2025 guidance in response to the Trump administration's tariffs on China, Mexico and Canada, but additional tariffs on other countries could have significant impacts.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the personal care industry, including e.l.f. Beauty (NYSE:ELF) and its peers.
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
