E.l.f. beauty seen a significant decline in retail sales over last two weeks

E.l.f. beauty inc - reaffirms fiscal year 2020 guidance.e.l.f. beauty inc - seen a significant decline in retail sales over last two weeks due to impact of covid-19 on consumer behavior.e.l.f. beauty - anticipates its sales & nielsen tracked channel results to be negatively impacted until consumers return to normal shopping patterns.e.l.f. beauty inc - company has approximately $45 million in cash on hand and access to a $50 million dollar revolving credit facility.e.l.f. beauty inc - seeking to reduce working capital, better match marketing expense to demand, and explore other areas to reduce operational costs.
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