Yatsen Forecasts Q1 FY2024 Sales Of RMB765.4M-RMB803.7M, Up 0%-5% YoY
Portfolio Pulse from Benzinga Newsdesk
Yatsen Holding Limited forecasts its Q1 FY2024 sales to be between RMB765.4 million and RMB803.7 million, indicating a 0% to 5% year-over-year growth.
March 06, 2024 | 10:16 am
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Yatsen Holding Limited expects its Q1 FY2024 sales to be between RMB765.4 million and RMB803.7 million, reflecting a growth of 0% to 5% compared to the previous year.
The forecasted sales growth for Yatsen indicates a positive outlook for the company's financial performance in the short term. This growth, although modest, suggests that Yatsen is maintaining or slightly improving its market position, which could lead to increased investor confidence and potentially a positive impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100