Yatsen Holding (YSG) has released an update.
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Yatsen Holding Limited, a prominent China-based beauty group, has revised its Q2 2024 revenue forecast, now expecting a decline of 5% to 10% year-over-year. This adjustment comes as a deviation from previous projections that anticipated a stable or slightly positive growth of up to 5%. The revision reflects Yatsen’s caution amid current market and operational conditions, which remain subject to change.
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