Yatsen downgrades Q2 revenue outlook

Yatsen gets black eye from shopping fest blues

The operator of Perfect Diary cosmetics stores lowered its second-quarter revenue guidance by 10%, putting the figure back in contraction territory Key Takeaways: Yatsen lowered its revenue guidance by 10%…
Yatsen Holding, parent of the “Perfect Diary” cosmetics community, reported Wednesday its revenue rose 1% year-on-year to 773 billion yuan in the first quarter of this year.

FAST NEWS: Yatsen posts quarterly loss, shares plunge

The Latest: Yatsen Holding Ltd. (YSG.US), parent of the “Perfect Diary” cosmetics community, reported Wednesday its revenue rose 1% year-on-year to 773 billion yuan ($107 million) in the first quarter of…