Yatsen Holding (YSG) News
Market Cap: $372.62M
Avg Volume: 160.73K
Industry: Specialty Retail
Sector: Consumer Cyclical
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Use ToolYatsen: Watch Market Growth And Business Strategies
My Buy rating for Yatsen is maintained due to the favorable growth prospects of China's beauty market and the company's differentiated business strategies. YSG's future revenue growth is likely to exceed expectations, taking into consideration third-party market forecasts and industry consolidation trends. I have a positive view of Yatsen's investment in a new R&D center and the company's channel mix optimization plans.
seekingalpha.com
Read MoreYatsen Publishes 2023 Environmental, Social and Governance (ESG) Report, Retains MSCI ESG Rating of A
GUANGZHOU, China , Sept. 6, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company"), a leading China-based beauty group, today announced the publication of its 2023 Environmental, Social and Governance Report ("ESG") report for the third consecutive year.
prnewswire.com
Read MoreYatsen Holding Limited (YSG) Q2 2024 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q2 2024 Results Conference Call August 20, 2024 7:30 AM ET Company Participants Irene Lyu - Head, Strategic Investments & Capital Markets Jinfeng Huang - Founder, Chairman & Chief Executive Officer Donghao Yang - Chief Financial Officer & Director Conference Call Participants Maggie Huang - CICC Operator Ladies and gentlemen, good day, and welcome to the Yatsen Second Quarter 2024 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
Read MoreYatsen Announces Second Quarter 2024 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on August 20, 2024 GUANGZHOU, China , Aug. 20, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the second quarter ended June 30, 2024.
prnewswire.com
Read MoreYatsen to Announce Second Quarter 2024 Financial Results on August 20, 2024
GUANGZHOU, China, Aug. 13, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the second quarter of 2024, on Tuesday, August 20, 2024, before the open of the U.S. markets. The Company's management will hold a conference call on Tuesday, August 20, 2024 at 7:30 A.M.
prnewswire.com
Read MoreYatsen Prudently Adjusts Revenue Outlook for the Second Quarter of 2024
GUANGZHOU, China , July 10, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today provided an updated revenue outlook for the second quarter of 2024. The Company currently expects its revenue for the second quarter of 2024 to be in the range of RMB772.7 million to RMB815.6 million, representing a year-over-year decrease of approximately 5% to 10%, compared to the previously stated range of RMB858.6 million to RMB901.5 million, representing a year-over-year increase of approximately 0% to 5%.
prnewswire.com
Read MoreYatsen: Positive Outlook And Undemanding Valuations
Yatsen's prospects for the near term and the long term are favorable, considering industry data, market research, and the company's disclosures. YSG's valuations are appealing, taking into account its current low-single digit consensus forward EV/EBITDA multiple. I have rated Yatsen stock as a Buy after assessing its outlook and valuation metrics.
seekingalpha.com
Read MoreYatsen Holding Limited (YSG) Q1 2024 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q1 2024 Earnings Conference Call May 22, 2024 7:30 AM ET Company Participants Irene Lyu - Head, Strategic Investments & Capital Markets Jinfeng Huang - Founder, Chairman & Chief Executive Officer Donghao Yang - Chief Financial Officer & Director Conference Call Participants Maggie Huang - CICC Operator Ladies and gentlemen, good day, and welcome to the Yatsen First Quarter 2024 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
Read MoreYatsen Announces First Quarter 2024 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 22, 2024 GUANGZHOU, China , May 22, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the first quarter ended March 31, 2024.
prnewswire.com
Read MoreYatsen to Announce First Quarter 2024 Financial Results on May 22, 2024
GUANGZHOU, China , May 15, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the first quarter of 2024, on Wednesday, May 22, 2024, before the open of the U.S. markets. The Company's management will hold a conference call on Wednesday, May 22, 2024 at 7:30 A.M.
prnewswire.com
Read MoreYatsen Filed 2023 Annual Report on Form 20-F
GUANGZHOU, China , April 26, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that the Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 26, 2024. The annual report is available on the Company's investor relations website at ir.yatsenglobal.com and on the SEC's website at https://www.sec.gov/.
prnewswire.com
Read MoreYatsen Regains Compliance with NYSE Minimum Price Continued Listing Criterion
GUANGZHOU, China , April 11, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it has received a letter from the New York Stock Exchange ("NYSE") dated April 10, 2024 (the "April Letter"), notifying the Company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual (the "NYSE Minimum Price Continued Listing Criterion"). As previously announced, the Company received a letter from the NYSE dated November 2, 2023, notifying the Company that it was below compliance standards due to the average closing price of the Company's American depositary shares being less than $1.00 for a consecutive 30 trading-day period.
prnewswire.com
Read MoreBuy Yatsen Holding Below Net Cash Value With Early Signs Of Turnaround
Yatsen Holding Limited was a highly successful Chinese beauty products company but experienced a dramatic decline in sales and stock price. YSG has implemented a strategic transformation plan to adjust its revenue mix, increase skincare brands, and cut costs. The progress of the transformation is encouraging, with revenue growth and increased gross margins, but the company still faces risks and liquidity constraints.
seekingalpha.com
Read MoreYatsen Announces Plan to Implement ADS Ratio Change
GUANGZHOU, China , March 8, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that, it will change the ratio of its American depositary shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio") from one (1) ADS representing four (4) Class A ordinary shares to one (1) ADS representing twenty (20) Class A ordinary shares. For the Company's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-five reverse ADS split.
prnewswire.com
Read MoreYatsen Holding Limited (YSG) Q4 2023 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q4 2023 Results Conference Call March 6, 2024 7:30 AM ET Company Participants Irene Lyu - Head of Strategic Investments & Capital Markets Jinfeng Huang - Founder, CEO & Chairman of the Board of Directors Donghao Yang - CFO & Director Conference Call Participants Maggie Huang - CICC Operator Ladies and gentlemen, good day, and welcome to the Yatsen Fourth Quarter and Full Year 2023 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
Read MoreYatsen Announces Fourth Quarter and Full Year 2023 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on March 6, 2024 GUANGZHOU, China , March 6, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
prnewswire.com
Read MoreYatsen to Announce Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024
GUANGZHOU, China, Feb. 28, 2024 /PRNewswire/ â Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, March 6, 2024, before the open of the U.S. markets. The Company's management will hold a conference call on Wednesday, March 6, 2024 at 7:30 A.M.
prnewswire.com
Read MoreYatsen Holding Limited (YSG) Q3 2023 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q3 2023 Earnings Conference Call November 21, 2023 7:30 AM ET Company Participants Irene Lyu - Vice President, Head, Strategic Investments and Capital Markets Jinfeng Huang - Founder, Chairman and Chief Executive Officer Donghao Yang - Chief Financial Officer Conference Call Participants Maggie Wan - CICC Operator Ladies and gentlemen, good day and welcome to the Yatsen Third Quarter 2023 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
Read MoreYatsen Announces Third Quarter 2023 Financial Results and Upsizing and Extension of Share Repurchase Program
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 21, 2023 GUANGZHOU, China , Nov. 21, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the third quarter ended September 30, 2023, and upsizing and extension of the share repurchase program.
prnewswire.com
Read MoreYatsen to Announce Third Quarter 2023 Financial Results on November 21, 2023
GUANGZHOU, China , Nov. 14, 2023 /PRNewswire/ --Â Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the third quarter of 2023 on Tuesday, November 21, 2023, before the open of the U.S. markets. The Company's management will hold a conference call on Tuesday, November 21, 2023 at 7:30 A.M.
prnewswire.com
Read MoreYatsen Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price
GUANGZHOU, China , Nov. 6, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that, it has received a letter from the New York Stock Exchange (the "NYSE") dated November 2, 2023, notifying Yatsen that it is below compliance criteria in connection with the performance of trading price of Yatsen's American depositary shares (the "ADSs"). Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance criteria if the average closing price of a security as reported on the consolidated tape is less than US$1.00 over a consecutive 30 trading-day period.
prnewswire.com
Read MoreYatsen Holding: Turnaround Efforts Showing Promise, Reiterate Buy
YSG reported a revenue decline of 10% YoY in Q2, with solid growth in skincare sales and sequential improvements in color cosmetics. We expect a recovery in H2 2023 and the company to achieve EBITDA breakeven in coming quarters driven by new product launches, robust gross margins and cost control measures. We trim our revenue forecasts of the year slightly due to some slowdown in China consumer market, however, remain positive on the company's initiatives. Reiterate Buy.
seekingalpha.com
Read MoreYatsen Holding Limited (YSG) Q2 2023 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q2 2023 Earnings Call Transcript August 22, 2023 7:30 AM ET Company Participants Irene Lyu - Vice President, Head of Strategic Investment and Capital Markets Jinfeng Huang - Founder, Chairman and CEO Donghao Yang - CFO and Director Conference Call Participants Qianye Lin - CICC Vivi Huang - Morgan Stanley Operator Ladies and gentlemen, good day, and welcome to the Yatsen's Second Quarter 2023 Earnings Conference Call. Today's conference call is being recorded.
seekingalpha.com
Read MorePenny Stocks To Buy This Week? 4 To Watch Under $5
If you're looking for penny stocks to buy this week, you've got your work cut out for yourself. Plenty of headwinds will be faced, including more tech earnings and Friday's speech from Fed Chair Jerome Powell.
pennystocks.com
Read MoreYatsen Announces Second Quarter 2023 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on August 22, 2023 GUANGZHOU, China , Aug. 22, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the second quarter ended June 30, 2023.
prnewswire.com
Read MoreYatsen to Announce Second Quarter 2023 Financial Results on August 22, 2023
GUANGZHOU, China , Aug. 15, 2023 /PRNewswire/ --Â Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the second quarter of 2023 on Tuesday, August 22, 2023, before the open of the U.S. markets. The Company's management will hold a conference call on Tuesday, August 22, 2023 at 7:30 A.M.
prnewswire.com
Read MoreYatsen Issues 2022 ESG Report
GUANGZHOU, China , July 31, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it has published its 2022 Environmental, Social and Governance ("ESG") report, outlining the Company's progress and performance in key ESG areas. The report provides a comprehensive review of Yatsen's ESG initiatives and developments, including corporate governance, research and development, employee rights protection, human capital development, environmental sustainability and social responsibility, among others.
prnewswire.com
Read MoreYatsen Holding Limited (YSG) Q1 2023 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q1 2023 Earnings Conference Call May 16, 2023 7:30 AM ET Company Participants Irene Lyu - Vice President and Head, Strategic Investment and Capital Markets Jinfeng Huang - Founder, Chairman and Chief Executive Officer Donghao Yang - Chief Financial Officer Conference Call Participants Dustin Wei - Morgan Stanley Olivia Tong - Raymond James Operator Ladies and gentlemen, good day and welcome to the Yatsen First Quarter 2023 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
Read MoreYatsen to Announce First Quarter 2023 Financial Results on May 16, 2023
GUANGZHOU, China , May 9, 2023 /PRNewswire/ --Â Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the first quarter of 2023 on Tuesday, May 16, 2023, before the open of the U.S. markets. The Company's management will hold a conference call on Tuesday, May 16, 2023 at 7:30 A.M.
prnewswire.com
Read MoreYatsen Holding Limited (YSG) Q4 2022 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q4 2022 Earnings Conference Call March 8, 2023 7:30 AM ET Company Participants Irene Lyu - Investor Relations Jinfeng Huang - Founder, Chairman and Chief Executive Officer Donghao Yang - Chief Financial Officer Conference Call Participants Dustin Wei - Morgan Stanley Qianye Lin - CICC Devin Weinstein - Raymond James Operator Ladies and gentlemen, good day, and welcome to the Yatsen Fourth Quarter and Full Year 2022 Earnings Conference Call. [Operator Instructions] At this time, I would like to turn the conference over to Irene Lyu, Vice President, Head of Strategic Investments and Capital Markets.
seekingalpha.com
Read MoreWhy Shares of Full Truck Alliance, Gaotu Techedu, and Yatsen Are Rising This Week
Positive economic data in China sent shares moving higher this week.
fool.com
Read MoreYatsen to Announce Fourth Quarter and Full Year 2022 Financial Results on March 8, 2023
GUANGZHOU, China , March 1, 2023 /PRNewswire/ â Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2022, on Wednesday, March 8, 2023, before the open of the U.S. markets. The Company's management will hold a conference call on Wednesday, March 8, 2023 at 7:30 A.M.
prnewswire.com
Read MoreThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Yatsen Holding Limited (YSG)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 22, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) American Depository Shares (âADSâ): (a) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ); and/or (b) pursuant or traceable to the Companyâs Registration Statement and related prospectus (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offers (the âIPOâ or âOfferingâ). If you are a shareholder who suffered a loss, click here to participate. In November 2020, Yatsen conducted its IPO, selling 58.75 million ADSs at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock price fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock price fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock price fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. The complaint filed in this class action alleges that throughout the Class Period and in the Offering Documents, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companyâs business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) cosmetic and skincare sales of Perfect Diary and Little Ondine products were substantially declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021, and (2) as a result, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased or otherwise acquired Yatsen ADSs during the Class Period, you may move the Court no later than November 22, 2022 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
businesswire.com
Read MoreYATSEN HOLDING 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Yatsen Holding Limited - YSG
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 22, 2022 to file lead plaintiff applications in a securities class action lawsuit against Yatsen Holding Limited (NYSE: YSG), if they purchased the Companyâs American Depository Shares (âADSâ) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ) and/or pursuant to the Companyâs November 2020 initial public offering (the âIPOâ). This action is pending in the United States District Court for the Southern District of New York. What You May Do If you purchased ADS of Yatsen as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-ysg/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by November 22, 2022. About the Lawsuit Yatsen and certain of its executives are charged with failing to disclose material information during the Class Period and/or in the Registration Statement and Prospectus issued in conjunction with the initial public offering, violating federal securities laws. On March 10, 2022, the Company released its fourth quarter and full year financial results for the period ended December 31, 2021, disclosing declines in both total net revenues for the fourth quarter of 22.1% and in gross sales for the fourth quarter of 17.2% due to âsoft consumer demand and intense competition in the color cosmetics segment,â including issues with its Perfect Diary brand as well as its Little Ondine brand. On this news, the price of Yatsenâs ADS plummeted, falling 39.5% to close at just over $0.75 per share on March 10, 2022. The case is Maeshiro v Yatsen Holding Limited, et al., No. 22-cv-08165. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nationâs premier boutique securities litigation law firms. KSF serves a variety of clients â including public institutional investors, hedge funds, money managers and retail investors â in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey. To learn more about KSF, you may visit www.ksfcounsel.com.
businesswire.com
Read MoreYatsen to Announce Third Quarter 2022 Financial Results on November 22, 2022
GUANGZHOU, China , Nov. 15, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its unaudited financial results for the third quarter of 2022 on Tuesday, November 22, 2022, before the open of the U.S. markets. The Company's management will hold a conference call on Tuesday, November 22, 2022 at 7:30 A.M.
prnewswire.com
Read MoreDeadline Alert: Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Reminds Yatsen Holding Limited (YSG) Investors of Class Action and Encourages Investors to Actively Participate
NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Yatsen American Depositary Receipts ("ADRs") (i) pursuant and/or traceable to the Company's initial public offering conducted on or about November 19, 2020 (the "IPO"); and/or (ii) between November 19, 2020 and March 10, 2022, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firmâs site: www.bgandg.com/ysg. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws. The Complaint alleges that throughout the Class Period, Defendants misled investors into believing that Yatsen's two largest and historically most significant brands, Perfect Diary and Little Ondine, were thriving, thereby driving Yatsen's "healthy" top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO and continued to decline throughout 2021. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firmâs site: www.bgandg.com/ysg or contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Yatsen, you have until November 22, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
businesswire.com
Read MoreYatsen: Rolling Lockdowns A Headwind
Yatsen is an upstart Chinese cosmetics manufacturer and retailer. It IPO'd in 2020 on the NYSE and raised over $600 million.
seekingalpha.com
Read MoreYATSEN HOLDING SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Yatsen Holding Limited â YSG
NEW ORLEANS, Oct. 21, 2022 /PRNewswire/ â ClaimsFiler, a FREE shareholder information service, reminds investors that they have until November 22, 2022 to file lead plaintiff applications in a securities class action lawsuit against Yatsen Holding Limited (NYSE: YSG), if they purchased the Companyâs American Depository Shares (âADSâ) between November 19, 2020 and March 10, [âŚ]...
headlinesoftoday.com
Read MoreSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Yatsen Holding Limited â YSG
NEW YORK, Oct. 19, 2022 /PRNewswire/ â Pomerantz LLP is investigating claims on behalf of investors of Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Yatsen and certain of its officers and/or directors have engaged in securities [âŚ]...
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Read Moreĺ ¨çćčłäşşćłĺžéĄ§ĺROSENéźĺľčĺć夹çé¸äťéťĺćčłäşşĺ¨YSGčĺ¸ééŤč¨´č¨çéčŚćŞć˘ćĽćĺččŤĺžĺ¸Ť
ç´ç´--(BUSINESS WIRE)--(çžĺĺćĽčłč¨)--ĺĺ ďźĺ ¨çćčłäşşćŹçĺžĺ¸ŤäşĺćRosen Law Firmćé(i)ć šćĺ/ćĺŻčż˝ćşŻčłé¸äťéťĺ(Yatsen Holding Limited, NYSE: YSG)ćź2020ĺš´11ć9ćĽĺˇŚĺłçéŚćŹĄĺ ŹéçźčĄ(IPO)ďźĺ/ć(ii)ĺ¨2020ĺš´11ć19ćĽčł2022ĺš´3ć10ćĽćéďźĺŤä¸čż°ćĽćďźç°Ąç¨ąăééŤč¨´č¨ćăďźčłźč˛ˇé¸äťéťĺčĺ¸ç人壍ç˘č¨ďźéŚĺ¸ĺĺçćŞć˘ćĽćçş2022ĺš´11ć22ćĽă éćĺłčäťéşźďźčłźč˛ˇäşé¸äťéťĺčĺ¸ç人壍ďźĺŻäťĽéé風éŞäťŁç貝ĺŽćďźććŠćçĄéćŻäťäťťä˝čŞäťč˛ťç¨ĺ訴é 貝ç¨čç˛ĺžčł ĺă ćĽä¸äžčŠ˛ĺŚä˝ĺďźĺŚéĺ ĺ Ľé¸äťéťĺééŤč¨´č¨ďźčŤé 訪https://rosenlegal.com/submit-form/?case_id=8895ăćĽćĺ äťč˛ťéťčŠą866-767-3653ćč ĺŻééťĺéľäťśčłpkim@rosenlegal.comćcases@rosenlegal.comčŻçľĄPhillip Kimĺžĺ¸Ťďźç解ćéééŤč¨´č¨çć´ĺ¤čłč¨ăĺžĺ¸Ťäşĺć塲çść辡äşééŤč¨´č¨ćĄăĺŚćć¨ĺ¸ććäťťéŚĺ¸ĺĺďźĺĺż é ĺ¨2022ĺš´11ć22ćĽäšĺĺćłé˘ćĺşçłčŤăéŚĺ¸ĺĺćŻäťŁčĄ¨ĺ śäťééŤćĺĄä¸ťĺ°č¨´č¨ç䝣襨ćšă çşäťéşźé¸ćROSEN LAWďźćĺéźĺľćčłäşşé¸ććčłć źä¸ĺ¨ćäťťé ĺ°čˇĺćšé˘ĺ ˇććĺĺŻćĽč¨éçĺžĺ¸Ťăé常ďźçźĺ¸éçĽçĺžĺ¸Ťäşĺć丌çĄĺŻç¸ćŻççśéŠăčłćşćäťťä˝ĺ´čŹšçĺčĄčŞĺŻă訹ĺ¤ć¤éĄĺžĺ¸Ťäşĺć富éä¸ä¸Śä¸ĺžäşčĺ¸ééŤč¨´č¨ďźĺŞćŻĺ çśä¸éäşşďźĺ°ĺŽ˘ćśäťç´šçľŚçćŁć辡訴č¨çĺžĺ¸ŤäşĺćďźćčçćŁć辡訴č¨çĺžĺ¸Ťäşĺćĺä˝ăčŤĺĺż ććşé¸ććłĺžéĄ§ĺăRosen Law Firmĺ¨ĺ ¨ççşćčłäşşćäžćĺďźĺ°ćł¨ćźčĺ¸ééŤč¨´č¨ĺčĄćąčĄç訴č¨ăRosen Law Firmćžéĺ°ä¸ĺŽśä¸ĺĺ Źĺ¸çźčľˇäşčżäťčŚć¨Ąć大çčĺ¸ééŤč¨´č¨ďźä¸Śćĺéćäşĺ解ăRosen Law Firmćžĺ ĺ śčĺ¸ééŤč¨´č¨ĺ解ć¸éďźćź2017嚴袍ISS Securities Class Action ServicesčŠé¸çşćĺ珏ä¸çĺžĺ¸ŤäşĺćăčŞ2013嚴䝼äžďźRosen Law FirmćŻĺš´é˝é˛ĺ ĽäşčŠ˛ćŚĺŽçĺĺ埡ďźčä¸çşćčłäşşčż˝ĺäşć¸ĺçžĺ çčłéăĺžĺ¸Ťäşĺćĺ ĺ¨2019ĺš´äžżçşćčłäşşčż˝ĺäşčś é4.38ĺçžĺ çčłéă2020ĺš´ďźĺľĺ§ĺ夼人Laurence Rosen袍law360čŠé¸çşăć佳ĺĺĺžĺ¸Ťă(Titan of Plaintiffsâ Bar)ăĺžĺ¸Ťäşĺćççžĺ¤ĺžĺ¸Ťé˝ĺžĺ°äşLawdragonĺSuper Lawyersç襨彰ă ćĄäťśčŠłć ďźćŹč¨´č¨čŞçşďźĺ¨ééŤč¨´č¨ćéďźĺ ćŹĺ¨ç¨ćźĺŻŚçžčŠ˛ĺ Źĺ¸IPOççťč¨č˛ćĺĺ Źé說ćć¸ä¸ďźé¸äťéťĺĺĺ śäťč˘Ťćĺç袍ĺ誤ĺ°ćčłäşşç¸äżĄĺŽçžćĽč¨(Perfect Diary)ĺĺ°ĺĽ§ćą(Little Ondine)ćŁĺ¨ĺżŤéçźĺąďźĺžčć¨ĺäşé¸äťéťĺĺ¨IPOćĺć¤ĺžä¸ĺŁçăĺĽĺşˇăçćśćéˇăçśčďźäşĺŻŚä¸ďźĺ¨IPOĺďźĺ ćŹIPOćďźĺć´ĺ2021ĺš´ďźĺŽçžćĽč¨ĺĺ°ĺĽ§ćąç˘ĺä¸çĺĺŚĺĺčˇčĺéˇĺŽé˝ĺ¨ä¸éăć¤ĺ¤ďźé¨čĺ¸ĺ ´ç解ĺ°é¸äťéťĺćĽĺççç¸ďźčŠ˛ĺ Źĺ¸çčĄçĽ¨ĺšĺźćĽĺä¸éďźĺ°č´é¸äťéťĺçćčłäşşčĺäşĺˇ¨ĺ¤§ć夹ăćŞčłĺ°ć辡訴č¨ćďźé¸äťéťĺçčĄçĽ¨äş¤ćĺšć źä˝čłćŻADS 0.39çžĺ ďźç¸ćŻ10.50çžĺ çIPOçźčĄĺšä¸éäş96%䝼ä¸ă ĺŚéĺ ĺ Ľé¸äťéťĺééŤč¨´č¨ďźčŤé 訪https://rosenlegal.com/submit-form/?case_id=8895ăćĽćĺ äťč˛ťéťčŠą866-767-3653ćč ĺŻééťĺéľäťśčłpkim@rosenlegal.comćcases@rosenlegal.comčŻçľĄPhillip Kimĺžĺ¸Ťďźç解ćéééŤč¨´č¨çć´ĺ¤čłč¨ă ä¸čż°č¨´č¨çééŤĺ°ćŞĺžĺ°čŞčăĺ¨ć¤äšĺďźé¤ĺčäšĺ¤ďźĺžĺ¸Ťĺ°ä¸ćçşĺäşşćäžćłĺžćĺăĺäşşĺŻčŞčĄé¸ćččŤĺžĺ¸ŤďźäšĺŻäťĽä˝çşçźşĺ¸ééŤč¨´č¨ćĺĄďźä¸çŽĺçĄéćĄĺäťťä˝čĄĺăćčłäşşĺ¨ćŞäžäťťä˝ĺŻč˝çčł ĺä¸çĺćééĄĺ¤§ĺ°čĺ śćŻĺŚä˝çşéŚĺ¸ĺĺçĄéă ćŹčŤééLinkedInďźhttps://www.linkedin.com/company/the-rosen-law-firmăTwitterďźhttps://twitter.com/rosen_firmćFacebookďźhttps://www.facebook.com/rosenlawfirm/é注ćĺďźç解ćć°ć ćłă ĺžĺ¸ŤĺťŁĺăĺ ĺççľć丌ä¸äżčĺŻĺŻŚçžéĄäźźçľćă ĺ 貏č˛ćďźćŹĺ ŹĺäšĺćçćŹäšĺŽćšććŹçćŹăčŻćĺ äžćšäžżç解äšç¨ďźç ŠčŤĺç §ĺćďźĺćçćŹäšĺŻä¸ĺ ˇćłĺžćĺäšçćŹă
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Read Moreĺ ¨çćčľč ćłĺžéĄžéŽROSENéźĺąčĺć夹çé¸äťçľĺćčľč ĺ¨YSGčŻĺ¸éä˝čŻčŽźçéčŚćŞć˘ćĽćĺč诡ĺžĺ¸
纽續--(BUSINESS WIRE)--(çžĺ˝ĺä¸čľčŽŻ)--ĺĺ ďźĺ ¨çćčľč ćçĺžĺ¸äşĺĄćRosen Law Firmćé(i)ć šćŽĺ/ćĺŻčż˝ćşŻčłé¸äťçľĺ(Yatsen Holding Limited, NYSE: YSG)äş2020ĺš´11ć9ćĽĺˇŚĺłçéŚćŹĄĺ ŹĺźĺčĄ(âIPOâ)ďźĺ/ć(ii)ĺ¨2020ĺš´11ć19ćĽčł2022ĺš´3ć10ćĽćé´ďźĺŤä¸čż°ćĽćďźçŽç§°âéä˝čŻčŽźćâďźč´äš°é¸äťçľĺčŻĺ¸ç人壍ç˘čŽ°ďźéŚĺ¸ĺĺçćŞć˘ćĽć为2022ĺš´11ć22ćĽă čżćĺłçäťäšďźč´äš°äşé¸äťçľĺčŻĺ¸ç人壍ďźĺŻäťĽéčżéŁéŠäťŁçč´šĺŽćďźććşäźć éćŻäťäťťä˝čŞäťč´šç¨ĺčąéččˇĺžčľĺżă ćĽä¸ćĽčŻĽĺŚä˝ĺďźĺŚéĺ ĺ Ľé¸äťçľĺéä˝čŻčŽźďźčŻˇčŽżéŽhttps://rosenlegal.com/submit-form/?case_id=8895ăć¨ćĺ č´šçľčŻ866-767-3653ćč ĺéçľĺéŽäťśčłpkim@rosenlegal.comćcases@rosenlegal.comčçłťPhillip Kimĺžĺ¸ďźäşč§Łćĺ łéä˝čŻčŽźçć´ĺ¤äżĄćŻăĺžć塲çťć辡äşéä˝čŻčŽźćĄăĺŚćć¨ĺ¸ćć äťťéŚĺ¸ĺĺďźĺĺż éĄťĺ¨2022ĺš´11ć22ćĽäšĺĺćłé˘ćĺşçłčŻˇăéŚĺ¸ĺĺćŻäťŁčĄ¨ĺ śäťéä˝ćĺ丝察čŻčŽźç䝣襨ćšă 为äťäšéćŠROSEN LAWďźć䝏éźĺąćčľč éćŠćčľč´¨ä¸ĺ¨ć äťťé˘ĺŻźčĺĄćšé˘ćçćĺĺŻćĽčŽ°ĺ˝çĺžĺ¸ăé常ďźĺĺ¸éçĽçĺžćĺšść ĺŻç¸ćŻççťéŞăčľćşćäťťä˝ä¸Ľč°¨çĺčĄčŽ¤ĺŻă莸ĺ¤ć¤çąťĺžćĺŽé ä¸ĺšśä¸äťäşčŻĺ¸éä˝čŻčŽźďźĺŞćŻĺ ĺ˝ä¸é´äşşďźĺ°ĺŽ˘ćˇäťçťçťçćŁć辡čŻčŽźçĺžćďźćä¸çćŁć辡čŻčŽźçĺžćĺä˝ă诡ĺĄĺż ććşéćŠćłĺžéĄžéŽăRosen Law Firmĺ¨ĺ ¨çčĺ´ĺ 为ćčľč ćäžćĺĄďźä¸ćł¨äşčŻĺ¸éä˝čŻčŽźĺčĄä¸ć´žçčŻčŽźăRosen Law Firmćžé寚ä¸ĺŽśä¸ĺ˝ĺ Źĺ¸ĺ辡äşčżäťč§ć¨Ąć大çčŻĺ¸éä˝čŻčŽźďźĺšśćĺčžžćäşĺ解ăRosen Law Firmćžĺ ĺ śčŻĺ¸éä˝čŻčŽźĺ解ć°éďźäş2017嚴袍ISS Securities Class Action ServicesčŻé为ćĺ珏ä¸çĺžćăčŞ2013嚴䝼ćĽďźRosen Law FirmćŻĺš´é˝čżĺ ĽäşčŻĽćŚĺçĺĺĺźşďźčä¸ä¸şćčľč čż˝ĺäşć°äşżçžĺ çčľéăĺžćäť ĺ¨2019嚴䞿为ćčľč čż˝ĺäşčś čż4.38äşżçžĺ çčľéă2020ĺš´ďźĺĺ§ĺäźäşşLaurence Rosen袍law360čŻé为âć佳ĺĺĺžĺ¸â(Titan of Plaintiffsâ Bar)ăĺžćçäźĺ¤ĺžĺ¸é˝ĺžĺ°äşLawdragonĺSuper Lawyersç襨彰ă ćĄäťśčŻŚć ďźćŹčŻčŽźčŽ¤ä¸şďźĺ¨éä˝čŻčŽźćé´ďźĺ ćŹĺ¨ç¨äşĺŽç°čŻĽĺ Źĺ¸IPOççťčŽ°ĺŁ°ćĺćčĄčŻ´ć䚌ä¸ďźé¸äťçľĺĺĺ śäťč˘Ťćĺç袍ĺ误察ćčľč ç¸äżĄĺŽçžćĽčŽ°(Perfect Diary)ĺĺ°ĺĽĽćą(Little Ondine)ćŁĺ¨ĺżŤéĺĺąďźäťčć¨ĺ¨äşé¸äťçľĺĺ¨IPOćśĺć¤ĺä¸ä¸ŞĺŁĺşŚçâĺĽĺşˇâčĽćśĺ˘éżăçśčďźäşĺŽä¸ďźĺ¨IPOĺďźĺ ćŹIPOćśďźĺć´ä¸Ş2021ĺš´ďźĺŽçžćĽčŽ°ĺĺ°ĺĽĽćąäş§ĺä¸çĺĺŚĺĺć¤č¤ĺéĺŽé˝ĺ¨ä¸éăć¤ĺ¤ďźéçĺ¸ĺşäşč§Łĺ°é¸äťçľĺä¸ĺĄççç¸ďźčŻĽĺ Źĺ¸çčĄçĽ¨äťˇĺźćĽĺ§ä¸éďźĺŻźč´é¸äťçľĺçćčľč čĺäşĺˇ¨ĺ¤§ć夹ăćŞčłĺ°ć辡čŻčŽźćśďźé¸äťçľĺçčĄçĽ¨äş¤ćäťˇć źä˝čłćŻADS 0.39çžĺ ďźç¸ćŻ10.50çžĺ çIPOĺčĄäťˇä¸éäş96%䝼ä¸ă ĺŚéĺ ĺ Ľé¸äťçľĺéä˝čŻčŽźďźčŻˇčŽżéŽhttps://rosenlegal.com/submit-form/?case_id=8895ăć¨ćĺ č´šçľčŻ866-767-3653ćč ĺéçľĺéŽäťśčłpkim@rosenlegal.comćcases@rosenlegal.comčçłťPhillip Kimĺžĺ¸ďźäşč§Łćĺ łéä˝čŻčŽźçć´ĺ¤äżĄćŻă ä¸čż°čŻčŽźçéä˝ĺ°ćŞĺžĺ°čŽ¤čŻăĺ¨ć¤äšĺďźé¤ĺčäšĺ¤ďźĺžĺ¸ĺ°ä¸äźä¸şä¸ŞäşşćäžćłĺžćĺĄă个人ĺŻčŞčĄéćŠč诡ĺžĺ¸ďźäšĺŻäťĽä˝ä¸şçźşĺ¸éä˝čŻčŽźćĺďźä¸çŽĺć ééĺäťťä˝čĄĺ¨ăćčľč ĺ¨ćŞćĽäťťä˝ĺŻč˝çčľĺżä¸çĺćéé˘ĺ¤§ĺ°ä¸ĺ śćŻĺŚä˝ä¸şéŚĺ¸ĺĺć ĺ łă ćŹčŻˇéčżLinkedInďźhttps://www.linkedin.com/company/the-rosen-law-firmăTwitterďźhttps://twitter.com/rosen_firmćFacebookďźhttps://www.facebook.com/rosenlawfirm/ĺ łćł¨ć䝏ďźäşč§Łćć°ć ĺľă ĺžĺ¸ĺšżĺăĺ ĺççťćĺšśä¸äżčŻĺŻĺŽç°çąťäźźçťćă ĺ 责声ćďźćŹĺ ŹĺäšĺćçćŹäšĺŽćšććçćŹăčŻćäť äžćšäžżäşč§Łäšç¨ďźçŚčŻˇĺç §ĺćďźĺćçćŹäšĺŻä¸ĺ ˇćłĺžćĺäšçćŹă
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Read MoreInvestor Alert: Bronstein, Gewirtz & Grossman, LLC, A Successful Firm, Notifies Yatsen Holding Limited (YSG) Investors of Class Action and Encourages Investors to Actively Participate
NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Yatsen American Depositary Receipts ("ADRs") (i) pursuant and/or traceable to the Company's initial public offering conducted on or about November 19, 2020 (the "IPO"); and/or (ii) between November 19, 2020 and March 10, 2022, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firmâs site: www.bgandg.com/ysg. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws. The Complaint alleges that throughout the Class Period, Defendants misled investors into believing that Yatsen's two largest and historically most significant brands, Perfect Diary and Little Ondine, were thriving, thereby driving Yatsen's "healthy" top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO and continued to decline throughout 2021. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firmâs site: www.bgandg.com/ysg or contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Yatsen, you have until November 22, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
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Read MoreROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Yatsen Holding Limited Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action â YSG
NEW YORK, Oct. 6, 2022 /PRNewswire/ â WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yatsen Holding Limited (NYSE: YSG): (i) pursuant and/or traceable to the the Companyâs initial public offering conducted on or about November 19, 2020 (the âIPOâ); and/or (ii) between November 19, 2020 and March 10, [âŚ]...
headlinesoftoday.com
Read MoreGlancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Yatsen Holding Limited (YSG)
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (âGPMâ) reminds investors of the upcoming November 22, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) American Depository Shares (âADSâ): (a) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ); and/or (b) pursuant or traceable to the Companyâs Registration Statement and related prospectus (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offers (the âIPOâ or âOfferingâ). If you suffered a loss on your Yatsen investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/yatsen-holding-limited/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights. In November 2020, Yatsen conducted its IPO, selling 58.75 million ADSs at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. The complaint filed in this class action alleges that throughout the Class Period and in the Offering Documents, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companyâs business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) cosmetic and skincare sales of Perfect Diary and Little Ondine products were substantially declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021, and (2) as a result, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on LinkedIn, Twitter, or Facebook. If you purchased or otherwise acquired Yatsen ADSs during the Class Period, you may move the Court no later than November 22, 2022 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreROSEN, GLOBAL INVESTOR COUNSEL, Encourages Yatsen Holding Limited Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action â YSG
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yatsen Holding Limited (NYSE: YSG): (i) pursuant and/or traceable to the Companyâs initial public offering conducted on or about November 19, 2020 (the âIPOâ); and/or (ii) between November 19, 2020 and March 10, 2022, both dates inclusive (the âClass Periodâ), of the important November 22, 2022 lead plaintiff deadline. SO WHAT: If you purchased Yatsen securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Yatsen class action, go to https://rosenlegal.com/submit-form/?case_id=8895 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 22, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffsâ Bar. Many of the firmâs attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, including in the registration statement and prospectus used to effectuate the Companyâs IPO, Yatsen and the other named defendants misled investors into believing that Perfect Diary and Little Ondine were thriving, thereby driving Yatsenâs âhealthyâ top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO and throughout 2021. Moreover, as the truth about Yatsenâs business reached the market, the value of the Companyâs shares declined dramatically, causing Yatsen investors to suffer significant damages. By the commencement of the action, Yatsenâs shares traded as low as $0.39 per ADS, representing a decline of over 96% from the $10.50 IPO offering price. To join the Yatsen class action, go to https://rosenlegal.com/submit-form/?case_id=8895 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investorâs ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome.
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Read MoreThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Yatsen Holding Limited (YSG) Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) American Depository Shares (âADSâ): (a) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ); and/or (b) pursuant or traceable to the Companyâs Registration Statement and related prospectus (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offers (the âIPOâ or âOfferingâ). Yatsen investors have until November 22, 2022 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In November 2020, Yatsen conducted its IPO, selling 58.75 million ADSs at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. The complaint filed in this class action alleges that throughout the Class Period and in the Offering Documents, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companyâs business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) cosmetic and skincare sales of Perfect Diary and Little Ondine products were substantially declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021, and (2) as a result, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Yatsen ADSs, you may move the Court no later than November 22, 2022 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Yatsen ADSs, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreDeadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Yatsen Holding Limited (YSG)
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming November 22, 2022 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) American Depository Shares (âADSâ): (a) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ); and/or (b) pursuant or traceable to the Companyâs Registration Statement and related prospectus (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offers (the âIPOâ or âOfferingâ). Investors suffering losses on their Yatsen investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. In November 2020, Yatsen conducted its IPO, selling 58.75 million ADSs at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. The complaint filed in this class action alleges that throughout the Class Period and in the Offering Documents, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companyâs business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) cosmetic and skincare sales of Perfect Diary and Little Ondine products were substantially declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021, and (2) as a result, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Yatsen ADSs during the Class Period, you may move the Court no later than November 22, 2022 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreYatsen Holding Limited Shareholder Update: Robbins LLP Reminds Investors of Class Action Against Yatsen Holding Limited (YSG)
SAN DIEGO--(BUSINESS WIRE)--The Class: Shareholder rights law firm Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities who purchased Yatsen Holding Limited (NYSE: YSG) American Depository Shares (ADS) between November 19, 2020 and March 10, 2022, for violations of the Securities Exchange Act of 1934. The complaint also seeks damages on behalf of persons or entities that purchased or acquired Yatsen ADS pursuant to the Company's offering documents in connection with its initial public offering ("IPO"). Yatsen is a China-based holding company engaged in the production and sale of cosmetics and skincare products. If you would like more information about Yatsen Holding Ltd.'s misconduct, click here. What is this Case About: Yatsen Holding Limited (YSG) Misled Investors Regarding the Financial Well-Being of its Cosmetics Brands According to the complaint, during the class period, defendants misled investors into believing Yatsen's two largest and historically most significant brands, Perfect Diary and Little Ondine, were thriving, thereby driving Yatsenâs âhealthyâ top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021. The truth began to reveal itself on August 26, 2021, during the 2Q21 analyst call. Despite touting Perfect Diary and Little Ondine's "steady" and "healthy" performance, defendants admitted that Yatsenâs Perfect Diary business was (and had been) deteriorating, requiring Yatsen to ârefocus and also to devote more resources to continue the growth trend of [its] main brands.â On this news, the price of Yasten's shares declined 17.64%, to close at $4.81 per share. On November 17, 2021, Yatsen's third quarter 2021 results reached the market. Despite characterizing Yatsenâs results as a âsuccess,â touting top-line continued growth supported by a significant growth of its skincare brands, Defendants acknowledged witnessing a âsoft industry environment for color cosmetics.â Notwithstanding, and despite continuing to portray Perfect Diaryâs performance as âsteady," defendants conceded that gross sales from Yatsenâs color cosmetics brands, which make up approximately 84% of total gross sales, decreased by mid-single digits due, in part, to ârealignment of Little Ondine.â On this news, Yatsen's stock fell almost 18% to close at $2.70. Finally, on March 10, 2022, the Company revealed net revenues for the fourth quarter decreased 22.1% and gross sales for the fourth quarter decreased 17.2%. During an earnings call with analysts, defendants revealed that the disappointing results were due to a deceleration in sales of its leading brands. On this news, Yatsen's ADS cratered, falling 39.5%, to close on March 10, 2022 at just over $0.75 per share. The stock now trades significantly below its IPO price. Next Steps: If you acquired shares of Yatsen Holding Ltd. pursuant to its IPO or between November 19, 2020 and March 10, 2022, you have until November 22, 2022, to ask the court to appoint you lead plaintiff for the class. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Contact us to learn more: Aaron Dumas (800) 350-6003 adumas@robbinsllp.com Shareholder Information Form About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against Yatsen Holding Ltd. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome.
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Read MoreGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Yatsen Holding Limited (YSG) Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (âGPMâ), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) American Depository Shares (âADSâ): (a) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ); and/or (b) pursuant or traceable to the Companyâs Registration Statement and related prospectus (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offers (the âIPOâ or âOfferingâ). Yatsen investors have until November 22, 2022 to file a lead plaintiff motion. If you suffered a loss on your Yatsen investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/yatsen-holding-limited/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights. In November 2020, Yatsen conducted its IPO, selling 58.75 million ADSs at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. The complaint filed in this class action alleges that throughout the Class Period and in the Offering Documents, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companyâs business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) cosmetic and skincare sales of Perfect Diary and Little Ondine products were substantially declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021, and (2) as a result, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on LinkedIn, Twitter, or Facebook. If you purchased or otherwise acquired Yatsen ADSs during the Class Period, you may move the Court no later than November 22, 2022 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreEQUITY ALERT: Rosen Law Firm Encourages Yatsen Holding Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action â YSG
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Yatsen Holding Limited (NYSE: YSG): (i) pursuant and/or traceable to the the Companyâs initial public offering conducted on or about November 19, 2020 (the âIPOâ); and/or (ii) between November 19, 2020 and March 10, 2022, both dates inclusive (the âClass Periodâ). If you wish to serve as lead plaintiff, you must move the Court no later than November 22, 2022. SO WHAT: If you purchased Yatsen securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Yatsen class action, go to https://rosenlegal.com/submit-form/?case_id=8895 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 22, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffsâ Bar. Many of the firmâs attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, including in the registration statement and prospectus used to effectuate the Companyâs IPO, Yatsen and the other named defendants misled investors into believing that Perfect Diary and Little Ondine were thriving, thereby driving Yatsenâs âhealthyâ top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO and throughout 2021. Moreover, as the truth about Yatsenâs business reached the market, the value of the Companyâs shares declined dramatically, causing Yatsen investors to suffer significant damages. By the commencement of the action, Yatsenâs shares traded as low as $0.39 per ADS, representing a decline of over 96% from the $10.50 IPO offering price. To join the Yatsen class action, go to https://rosenlegal.com/submit-form/?case_id=8895 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investorâs ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome.
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Read MoreINVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Yatsen Holding Limited (YSG) Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) American Depository Shares (âADSâ): (a) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ); and/or (b) pursuant or traceable to the Companyâs Registration Statement and related prospectus (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offers (the âIPOâ or âOfferingâ). Yatsen investors have until November 22, 2022 to file a lead plaintiff motion. Investors suffering losses on their Yatsen investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. In November 2020, Yatsen conducted its IPO, selling 58.75 million ADSs at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. The complaint filed in this class action alleges that throughout the Class Period and in the Offering Documents, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companyâs business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) cosmetic and skincare sales of Perfect Diary and Little Ondine products were substantially declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021, and (2) as a result, Defendantsâ positive statements about the Companyâs business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased Yatsen ADSs, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreINVESTOR NOTICE: Yatsen Holding Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - YSG
SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP announces that the Yatsen class action lawsuit seeks to represent purchasers of Yatsen Holding Limited (NYSE: YSG): (a) American Depository Shares (âADSsâ) between November 19, 2020 and March 10, 2022, both dates inclusive (the âClass Periodâ) and who were damaged thereby; and/or (b) ADSs pursuant or traceable to Yatsenâs Registration Statement on Form F-1 and related prospectus on Form 424B4 (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offering (the âIPOâ). Captioned Maeshiro v. Yatsen Holding Limited, No. 22-cv-08165 (S.D.N.Y.), the Yatsen class action lawsuit charges Yatsen, certain of its top executive officers and directors, the IPOâs underwriter, and others with violations of the Securities Act of 1933 and/or Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Yatsen class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-yatsen-holding-limited-class-action-lawsuit-ysg.html You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the Yatsen class action lawsuit must be filed with the court no later than November 22, 2022. CASE ALLEGATIONS: Yatsen is a China-based holding company engaged in the production and sale of cosmetics and skincare products. On November 19, 2020, Yatsen filed the final prospectus for Yatsenâs IPO, making available approximately 58.75 million ADSs to the investing public at $10.50 per ADS. The Yatsen class action lawsuit alleges that defendants misled investors into believing that Yatsenâs two largest and historically most significant brands, Perfect Diary and Little Ondine, were thriving, thereby driving Yatsenâs âhealthyâ top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021. On August 26, 2021, during the second quarter of 2021 analyst call, Yatsenâs Chairman, Founder, and CEO, defendant Jinfeng Huang, admitted that Yatsenâs Perfect Diary business was (and had been) deteriorating, requiring Yatsen to ârefocus and also to devote more resources to continue the growth trend of [Yatsenâs] main brands.â According to Huang, Yatsen had âmove[d] too fast to reallocate [Yatsenâs] talent into the skincare BU.â On August 26, 2021, the price of Yatsen ADSs declined more than 17%. Then, on or about November 18, 2021, defendants acknowledged witnessing a âsoft industry environment for color cosmetics.â On this news, the price of Yatsen ADSs fell an additional 17.9%. Finally, on March 10, 2022, Yatsen released its fourth quarter and full year financial results for the period ended December 31, 2021, revealing that its disappointing financial results were not solely due to issues with Little Ondine but, rather, Perfect Diary as well. In commenting on the âchallenging quarter,â Huang blamed âsoft consumer demand and intense competition in the color cosmetics segmentâ for why total net revenues for the fourth quarter decreased 22.1% and gross sales for the fourth quarter decreased 17.2%. Huang later conceded that Yatsenâs disappointing results were the result of a deceleration in sales of its leading brands. On this news, the price of Yatsen ADSs fell another 39.5%, further damaging investors. By the commencement of the Yatsen class action lawsuit, the price of Yatsen ADSs had fallen by more than 96% from the $10.50 IPO price. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Yatsen ADSs during the Class Period and who were damaged thereby and/or purchased Yatsen ADSs pursuant or traceable to the Offering Documents issued in connection with the IPO to seek appointment as lead plaintiff. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Yatsen class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Yatsen class action lawsuit. An investorâs ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Yatsen class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller is one of the worldâs leading complex class action firms representing plaintiffs in securities fraud cases. The Firm is ranked #1 on the 2021 ISS Securities Class Action Services Top 50 Report for recovering nearly $2 billion for investors last year alone â more than triple the amount recovered by any other plaintiffsâ firm. With 200 lawyers in 9 offices, Robbins Geller is one of the largest plaintiffsâ firms in the world, and the Firmâs attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever â $7.2 billion â in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices.
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Read MoreINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Yatsen Holding Limited (YSG) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) investors concerning the Companyâs possible violations of federal securities laws. In November 2020, Yatsen conducted its initial public offering (âIPOâ), selling 58.75 million American Depository Shares (âADSâ) at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. If you purchased Yatsen securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreYATSEN HOLDING SHAREHOLDER ALERT By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess Of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Yatsen Holding Limited - YSG
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (âKSFâ) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 22, 2022 to file lead plaintiff applications in a securities class action lawsuit against Yatsen Holding Limited (NYSE: YSG), if they purchased the Companyâs American Depository Shares (âADSâ) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ) and/or pursuant to the Companyâs November 2020 initial public offering (the âIPOâ). This action is pending in the United States District Court for the Southern District of New York. What You May Do If you purchased ADS of Yatsen as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-ysg/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 22, 2022. About the Lawsuit Yatsen and certain of its executives are charged with failing to disclose material information during the Class Period and/or in the Registration Statement and Prospectus issued in conjunction with the initial public offering, violating federal securities laws. On March 10, 2022, the Company released its fourth quarter and full year financial results for the period ended December 31, 2021, disclosing declines in both total net revenues for the fourth quarter of 22.1% and in gross sales for the fourth quarter of 17.2% due to âsoft consumer demand and intense competition in the color cosmetics segment,â including issues with its Perfect Diary brand as well as its Little Ondine brand. On this news, the price of Yatsenâs ADS plummeted, falling 39.5% to close at just over $0.75 per share on March 10, 2022. The case is Maeshiro v Yatsen Holding Limited, et al., No. 22-cv-08165. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nationâs premier boutique securities litigation law firms. KSF serves a variety of clients â including public institutional investors, hedge funds, money managers and retail investors â in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey. To learn more about KSF, you may visit www.ksfcounsel.com.
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Read MoreGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Yatsen Holding Limited (YSG) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (âGPMâ), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) investors concerning the Companyâs possible violations of the federal securities laws. If you suffered a loss on your Yatsen investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/yatsen-holding-limited/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights. In November 2020, Yatsen conducted its initial public offering (âIPOâ), selling 58.75 million American Depository Shares (âADSâ) at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. Follow us for updates on LinkedIn, Twitter, or Facebook. Whistleblower Notice: Persons with non-public information regarding Yatsen should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com. About GPM Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. ISS Securities Class Action Services has consistently ranked GPM in its annual SCAS Top 50 Report. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPMâs nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPMâs lawyers have handled cases covering a wide spectrum of corporate misconduct including cases involving financial restatements, internal control weaknesses, earnings management, fraudulent earnings guidance and forward looking statements, auditor misconduct, insider trading, violations of FDA regulations, actions resulting in FDA and DOJ investigations, and many other forms of corporate misconduct. GPMâs attorneys have worked on securities cases relating to nearly all industries and sectors in the financial markets, including, energy, consumer discretionary, consumer staples, real estate and REITs, financial, insurance, information technology, health care, biotech, cryptocurrency, medical devices, and many more. GPMâs past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barronâs, Investorâs Business Daily, Forbes, and Money. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreThe Law Offices of Frank R. Cruz Announces Investigation of Yatsen Holding Limited (YSG) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Yatsen Holding Limited (âYatsenâ or the âCompanyâ) (NYSE: YSG) on behalf of investors concerning the Companyâs possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. In November 2020, Yatsen conducted its initial public offering (âIPOâ), selling 58.75 million American Depository Shares (âADSâ) at $10.50 per ADS. On August 26, 2021, during a second quarter 2021 analyst call, Yatsen disclosed that its cosmetic line, Perfect Diary, had been deteriorating, requiring the Company to ârefocus.â On this news, Yatsenâs stock fell $1.03, or 17.6%, to close at $4.81 per ADS on August 26, 2021, thereby injuring investors. Then, on November 17, 2021, Yatsen released its third quarter 2021 financial results, revealing a significant decrease in gross sales from the Companyâs cosmetics brands. On this news, Yatsenâs stock fell $0.59, or 17.9%, to close at $2.70 per ADS on November 17, 2021. On March 10, 2022, Yatsen released its fourth quarter and full year financial results for 2021, disclosing a decrease of 22.1% in net revenues and 17.2% in gross sales. On this news, Yatsenâs stock fell $0.49, or 39.5%, to close at $0.75 per ADS on March 10, 2022, thereby injuring investors further. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Yatsen securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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Read MoreSHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Yatsen Holding Limited with Losses of $100,000 to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Yatsen Holding Limited (âYatsenâ or âthe Companyâ) (NYSE: YSG) for violations of the federal securities laws. Investors who purchased the Company's American Depository Shares (âADSâ) pursuant and/or traceable to the Companyâs initial public offering conducted on November 19, 2020 (the âIPOâ), or between November 19, 2020 and March 10, 2022 (the âClass Periodâ) are encouraged to contact the firm before November 22, 2022. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Yatsen touted the success of its Perfect Diary and Little Ondine beauty product brands throughout the IPO period, claiming âhealthyâ top line growth. The Companyâs two primary brands were declining in the lead up to the IPO and throughout 2021, despite what it had previously claimed. Based on these facts, the Companyâs public statements were false and materially misleading throughout the IPO and class period. When the market learned the truth about Yatsen, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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Read MoreYATSEN ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Yatsen Holding Ltd. and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Yatsen Holding Ltd. (âYatsenâ or the âCompanyâ) (NYSE: YSG) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Yatsen securities between November 19, 2020 and March 10, 2022, both dates inclusive, or pursuant to the Companyâs November 19, 2020 IPO (the âClass Periodâ). Investors have until November 22, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. Yatsen operates in the Chinese cosmetics market, generating substantially all of its net revenue from the sale of beauty products under the Perfect Diary and Little Ondine brands. According to the complaint filed in the Southern District of New York, during the Class Period, including in the registration statement and prospectus used to effectuate the Companyâs IPO, Yatsen and the other named defendants misled investors into believing that Perfect Diary and Little Ondine were thriving, thereby driving Yatsenâs âhealthyâ top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO and throughout 2021. Moreover, as the truth about Yatsenâs business reached the market, the value of the Companyâs shares declined dramatically, causing Yatsen investors to suffer significant damages. By the commencement of the action, Yatsenâs shares traded as low as $0.39 per ADS, representing a decline of over 96% from the $10.50 IPO offering price. If you purchased or otherwise acquired Yatsen shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Read MoreINVESTOR ALERT: Yatsen Holding Limited Investors with Substantial Losses Have Opportunity to Lead the Yatsen Class Action Lawsuit - YSG
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces that the Yatsen class action lawsuit seeks to represent purchasers of Yatsen Holding Limited (NYSE: YSG): (a) American Depository Shares (âADSsâ) between November 19, 2020 and March 10, 2022, inclusive (the âClass Periodâ) and who were damaged thereby; and/or (b) ADSs pursuant or traceable to Yatsenâs Registration Statement on Form F-1 and related prospectus on Form 424B4 (collectively, the âOffering Documentsâ) issued in connection with Yatsenâs November 2020 initial public offering (the âIPOâ). Captioned Maeshiro v. Yatsen Holding Limited, No. 22-cv-08165 (S.D.N.Y.), the Yatsen class action lawsuit charges Yatsen, certain of its top executive officers and directors, the IPOâs underwriter, and others with violations of the Securities Act of 1933 and/or Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Yatsen class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-yatsen-holding-limited-class-action-lawsuit-ysg.html You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the Yatsen class action lawsuit must be filed with the court no later than November 22, 2022. CASE ALLEGATIONS: Yatsen is a China-based holding company engaged in the production and sale of cosmetics and skincare products. On November 19, 2020, Yatsen filed the final prospectus for Yatsenâs IPO, making available approximately 58.75 million ADSs to the investing public at $10.50 per ADS. The Yatsen class action lawsuit alleges that defendants misled investors into believing that Yatsenâs two largest and historically most significant brands, Perfect Diary and Little Ondine, were thriving, thereby driving Yatsenâs âhealthyâ top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO, and continued to decline throughout 2021. On August 26, 2021, during the second quarter of 2021 analyst call, Yatsenâs Chairman, Founder, and CEO, defendant Jinfeng Huang, admitted that Yatsenâs Perfect Diary business was (and had been) deteriorating, requiring Yatsen to ârefocus and also to devote more resources to continue the growth trend of [Yatsenâs] main brands.â According to Huang, Yatsen had âmove[d] too fast to reallocate [Yatsenâs] talent into the skincare BU.â On August 26, 2021, the price of Yatsen ADSs declined more than 17%. Then, on or about November 18, 2021, defendants acknowledged witnessing a âsoft industry environment for color cosmetics.â On this news, the price of Yatsen ADSs fell an additional 17.9%. Finally, on March 10, 2022, Yatsen released its fourth quarter and full year financial results for the period ended December 31, 2021, revealing that its disappointing financial results were not solely due to issues with Little Ondine but, rather, Perfect Diary as well. In commenting on the âchallenging quarter,â Huang blamed âsoft consumer demand and intense competition in the color cosmetics segmentâ for why total net revenues for the fourth quarter decreased 22.1% and gross sales for the fourth quarter decreased 17.2%. Huang later conceded that Yatsenâs disappointing results were the result of a deceleration in sales of its leading brands. On this news, the price of Yatsen ADSs fell another 39.5%, further damaging investors. By the commencement of the Yatsen class action lawsuit, the price of Yatsen ADSs had fallen by more than 96% from the $10.50 IPO price. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Yatsen ADSs during the Class Period and who were damaged thereby and/or purchased Yatsen ADSs pursuant or traceable to the Offering Documents issued in connection with the IPO to seek appointment as lead plaintiff. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Yatsen class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Yatsen class action lawsuit. An investorâs ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Yatsen class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller is one of the worldâs leading complex class action firms representing plaintiffs in securities fraud cases. The Firm is ranked #1 on the 2021 ISS Securities Class Action Services Top 50 Report for recovering nearly $2 billion for investors last year alone â more than triple the amount recovered by any other plaintiffsâ firm. With 200 lawyers in 9 offices, Robbins Geller is one of the largest plaintiffsâ firms in the world and the Firmâs attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever â $7.2 billion â in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices.
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Read MoreSHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Yatsen Holding Limited with Losses of $100,000 to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Yatsen Holding Limited (âYatsenâ or âthe Companyâ) (NYSE: YSG) for violations of the federal securities laws. Investors who purchased the Company's American Depository Shares (âADSâ) pursuant and/or traceable to the Companyâs initial public offering conducted on November 19, 2020 (the âIPOâ), or between November 19, 2020 and March 10, 2022 (the âClass Periodâ) are encouraged to contact the firm before November 22, 2022. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Yatsen touted the success of its Perfect Diary and Little Ondine beauty product brands throughout the IPO period, claiming âhealthyâ top line growth. The Companyâs two primary brands were declining in the lead up to the IPO and throughout 2021, despite what it had previously claimed. Based on these facts, the Companyâs public statements were false and materially misleading throughout the IPO and class period. When the market learned the truth about Yatsen, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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Read MoreScott+Scott Attorneys at Law LLP Files Securities Class Action Against Yatsen Holding Limited (NYSE: YSG)
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (âScott+Scottâ), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit against Yatsen Holding Limited (NYSE: YSG) (âYatsenâ or the âCompanyâ), its U.S. representatives, its controlling shareholder, certain Yatsen directors and officers, and the underwriters of Yatsenâs November 2020 initial public offering (âIPOâ), alleging violations of §§11, 12 and 15 of the Securities Act of 1933, as well as §§10, 20(A) and 20(a) of the Exchange Act of 1934, including U.S. Securities and Exchange Commission (âSECâ) Rule 10b-5 promulgated thereunder. If you purchased Yatsen American Depository Shares (âADSâ) between November 19, 2020 and March 10, 2022 (the âClass Periodâ), including in, pursuant to, and/or traceable to the Companyâs IPO on or about November 19, 2020, you are encouraged to contact Scott+Scott attorney Jonathan Zimmerman at (888) 398-9312 for more information. Yatsen operates in the Chinese cosmetics market, generating substantially all of its net revenue from the sale of beauty products under the Perfect Diary and Little Ondine brands. According to the complaint filed in the Southern District of New York, during the Class Period, including in the registration statement and prospectus used to effectuate the Companyâs IPO, Yatsen and the other named defendants misled investors into believing that Perfect Diary and Little Ondine were thriving, thereby driving Yatsenâs âhealthyâ top-line growth at the time of its IPO and quarter after quarter thereafter. In truth, however, cosmetic and skincare sales of Perfect Diary and Little Ondine products were declining in the period leading up to (and including at the time of) the IPO and throughout 2021. Moreover, as the truth about Yatsenâs business reached the market, the value of the Companyâs shares declined dramatically, causing Yatsen investors to suffer significant damages. By the commencement of the action, Yatsenâs shares traded as low as $0.39 per ADS, representing a decline of over 96% from the $10.50 IPO offering price. Lead Plaintiff Deadline The case was filed today in the Southern District Court of New York (Case No. 1:22-cv-08165). The Lead Plaintiff deadline in this action is November 22, 2022. Any member of the proposed Class may seek to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed Class. What You Can Do If you purchased Yatsen ADS during the Class Period, or if you have questions about this notice or your legal rights, you are encouraged to contact attorney Jonathan Zimmerman at (888) 398-9312 or jzimmerman@scott-scott.com. About Scott+Scott Attorneys at Law LLP Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio. Attorney Advertising
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Read MoreBest Penny Stocks To Watch After Powell's Jackson Hole Speech
Penny stocks to watch with relative strength in the stock market today. The post Best Penny Stocks To Watch After Powell's Jackson Hole Speech appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
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Read MoreYatsen Holding Limited (YSG) Q2 2022 Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q2 2022 Earnings Conference Call August 25, 2022 7:30 AM ET Company Participants Irene Lyu - Head, Strategic Investment and Capital Markets Jinfeng Huang - Founder, Chairman and Chief Executive Officer Donghao Yang - Chief Financial Officer Conference Call Participants Dustin Wei - Morgan Stanley Devin Weinstein - Raymond James Operator Ladies and gentlemen, good day and welcome to the Yatsen Second Quarter 2022 Earnings Conference Call. Today's conference is being recorded.
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Read MoreYatsen to Announce Second Quarter 2022 Financial Results on August 25, 2022
GUANGZHOU, China , Aug. 18, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its unaudited financial results for the second quarter of 2022 on Thursday, August 25, 2022, before the open of the U.S. markets. The Company's management will hold a conference call on Thursday, August 25, 2022 at 7:30 am U.S. Eastern Time (7:30 pm Beijing/Hong Kong Time) to discuss the financial results.
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Read MoreWhy Shares of Alibaba, JD.com, and Yatsen Are Rising Today
Alibaba reported earnings for the quarter ending June 30.
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Read MoreINVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Announces Investigation into Yatsen Holding Ltd (YSG)
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (âScott+Scottâ), an international shareholder and consumer rights litigation firm, is investigating whether Yatsen Holding Ltd (âYatsenâ or the âCompanyâ) (NYSE: YSG) or certain of its officers and directors violated federal securities laws. If you purchased Yatsen securities pursuant and/or traceable to Yatsenâs initial public offering (âIPOâ) in November 2020, you are encouraged to contact Scott+Scott attorney Jonathan Zimmerman at (888) 398-9312 for more information. Yatsen operates in the fast-growing China cosmetics market. On or about November 19, 2020, Yatsen commenced an IPO, issuing 67,562,500 American Depository Shares (ADS) to the investing public at $10.50 per share (the âIPO Priceâ). By February 5, 2021, Yatsenâs ADS hit a high of $24.55 per ADS. Since then, Yatsenâs shares have declined over 98%, to currently trade around $0.44 per ADS, or $24.11 below the IPO Price. What You Can Do If you purchased Yatsen ADS in the IPO, or otherwise acquired Yatsen ADS, and have suffered a loss, realized or unrealized, and you wish to discuss this investigation, please contact attorney Jonathan Zimmerman at (888) 398-9312 or at jzimmerman@scott-scott.com. About Scott+Scott Attorneys at Law LLP Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio. Attorney Advertising
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Read MoreYATSEN INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Announces Investigation into Yatsen Holding Ltd (YSG)
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (âScott+Scottâ), an international shareholder and consumer rights litigation firm, is investigating whether Yatsen Holding Ltd (âYatsenâ or the âCompanyâ) (NYSE: YSG) or certain of its officers and directors violated federal securities laws. If you purchased Yatsen securities pursuant and/or traceable to Yatsenâs initial public offering (âIPOâ) in November 2020, you are encouraged to contact Scott+Scott attorney Jonathan Zimmerman at (888) 398-9312 for more information. Yatsen operates in the fast-growing China cosmetics market. On or about November 19, 2020, Yatsen commenced an IPO, issuing 67,562,500 American Depository Shares (ADS) to the investing public at $10.50 per share (the âIPO Priceâ). By February 5, 2021, Yatsenâs ADS hit a high of $24.55 per ADS. Since then, Yatsenâs shares have declined over 98%, to currently trade around $0.44 per ADS, or $24.11 below the IPO Price. What You Can Do If you purchased Yatsen ADS in the IPO, or otherwise acquired Yatsen ADS, and have suffered a loss, realized or unrealized, and you wish to discuss this investigation, please contact attorney Jonathan Zimmerman at (888) 398-9312 or at jzimmerman@scott-scott.com. About Scott+Scott Attorneys at Law LLP Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio. Attorney Advertising
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Read MoreWhy Yatsen Holding Stock Soared Today
The Chinese stock has been soaring over the last few weeks.
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Read MoreHot Penny Stocks to Buy This Week? 3 to Watch Right Now
Are these penny stocks worth buying right now? The post Hot Penny Stocks to Buy This Week?
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Read MoreTrending Penny Stocks to Add to Your Watchlist Right Now
Check these three penny stocks out for your watchlist right now The post Trending Penny Stocks to Add to Your Watchlist Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
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Read MoreTop Penny Stocks Today? 3 You Might Want To Watch Before Next Week
Penny stocks to watch before the end of the week. The post Top Penny Stocks Today?
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Read MoreHot Penny Stocks to Buy Now? 3 to Watch in July
Check these three penny stocks out for your watchlist right now The post Hot Penny Stocks to Buy Now? 3 to Watch in July appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
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Read MoreBest Penny Stocks to Watch as The First Week of June Ends
Why these penny stocks are climbing right now The post Best Penny Stocks to Watch as The First Week of June Ends appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
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Read MoreYatsen Holding Limited (YSG) CEO Jinfeng Huang on Q1 2022 Results - Earnings Call Transcript
Yatsen Holding Limited (NYSE:YSG ) Q1 2022 Results Conference Call May 24, 2022 7:30 AM ET Company Participants Irene Lyu - Head, Strategic Investment and Capital Markets Jinfeng Huang - Founder, Chairman and CEO Donghao Yang - Director and CFO Conference Call Participants Dustin Wei - Morgan Stanley Christine Cho - Goldman Sachs Devin Weinstein - Raymond James Operator Ladies and gentlemen, good day, and welcome to the Yatsen First Quarter 2022 Earnings Conference Call. Today's conference call is being recorded.
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Read MoreYatsen to Announce First Quarter 2022 Financial Results on May 24, 2022
GUANGZHOU, China, May 17, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its unaudited financial results for the first quarter of 2022 on Tuesday, May 24, 2022, before the open of the U.S. markets. The Company's management will hold a conference call on Tuesday, May 24, 2022 at 7:30 am U.S. Eastern Time (7:30 pm Beijing/Hong Kong Time) to discuss the financial results.
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Read MoreINVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Yatsen Holding Limited with Losses of $100,000 to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Yatsen Holding Limited (âYatsenâ or âthe Companyâ) (NYSE: YSG) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com. The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
businesswire.com
Read MoreINVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Yatsen Holding Limited with Losses of $100,000 to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Yatsen Holding Limited (âYatsenâ or âthe Companyâ) (NYSE: YSG) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com. The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
businesswire.com
Read MoreYatsen Holding Limited (YSG) CEO Jinfeng Huang on Q4 2021 Results - Earnings Call Transcript
Yatsen Holding Limited (YSG) CEO Jinfeng Huang on Q4 2021 Results - Earnings Call Transcript
seekingalpha.com
Read MoreWhy Yatsen Holding Stock Plunged Today
A disappointing earnings report sent the stock spiraling.
fool.com
Read MoreYatsen to Announce Fourth Quarter and Full Year 2021 Financial Results on March 10, 2022
GUANGZHOU, China, March 3, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2021 on Thursday, March 10, 2022, before the open of the U.S. markets. The Company's management will hold a conference call on Thursday, March 10, 2022 at 7:30 am U.S. Eastern Time (8:30 pm Beijing/Hong Kong Time) to discuss the financial results.
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Read MoreYatsen Holding (YSG) Stock: Why The Price Jumped Today
The stock price of Yatsen Holding Ltd (NYSE: YSG) increased by over 10% during intraday trading. This is why it happened.
pulse2.com
Read MoreWhy Yatsen Holding Stock Jumped Today
A new share repurchase program and a narrower than expected third-quarter loss helped lift the stock today.
fool.com
Read MoreYatsen to Announce Third Quarter 2021 Financial Results on November 18, 2021
GUANGZHOU, China, Nov. 11, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its unaudited financial results for the third quarter of 2021 on Thursday, November 18, 2021, before the open of the U.S. markets. The Company's management will hold a conference call on Thursday, November 18, 2021 at 7:30 am U.S. Eastern Time (8:30 pm Beijing/Hong Kong Time) to discuss the financial results.
prnewswire.com
Read MoreJDDJ and Perfect Diary Roll out One-hour Delivery Services to Promote Trendy Chinese Cosmetics
SHANGHAI, Sept. 15, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand retail and delivery platform, is pleased to announce that JD Daojia (JDDJ) and Perfect Diary, one of the top color cosmetics brands in China under Yatsen Holding Limited (NYSE: YSG), have entered into a partnership to promote the digital transformation of physical stores and provide Chinese consumers with convenient one-hour shopping services of popular Chinese brand cosmetics products.
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Read MoreYatsen Holding Limited (YSG) CEO Jinfeng Huang Q2 2021 Results - Earnings Call Transcript
Yatsen Holding Limited (YSG) CEO Jinfeng Huang Q2 2021 Results - Earnings Call Transcript
seekingalpha.com
Read MoreYatsen Reports Second Quarter 2021 Financial Results
GUANGZHOU, China, Aug. 26, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights Total net revenues for the second quarter of 2021 increased by 53.5% to RMB1.53 billion (US$236.2 million) from RMB993.2 million in the prior year period.
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Read MoreYatsen to Announce Second Quarter 2021 Financial Results on August 26, 2021
GUANGZHOU, China, Aug. 19, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its second quarter 2021 financial results on Thursday, August 26, 2021, before the open of the U.S. markets. The Company will hold a conference call on Thursday, August 26, 2021 at 7:30 am Eastern Time (7:30 pm Beijing/Hong Kong Time) to discuss the financial results.
prnewswire.com
Read More10 Chinese Stocks to Buy on the Dip
ARK Invest portfolio manager Cathie Wood dumped Chinese stocks in July. Here are 10 to pick up on the dip should she decide to buy back in.
investorplace.com
Read MoreImplied Volatility Surging for Yatsen Holding (YSG) Stock Options
Investors need to pay close attention to Yatsen Holding (YSG) stock based on the movements in the options market lately.
zacks.com
Read MoreYatsen Holding Limited (YSG) CEO Jinfeng Huang on Q1 2021 Results - Earnings Call Transcript
Yatsen Holding Limited (YSG) CEO Jinfeng Huang on Q1 2021 Results - Earnings Call Transcript
seekingalpha.com
Read MoreWhy Yatsen Stock Plummeted This Morning
The Chinese beauty products company reports first-quarter earnings.
fool.com
Read MoreYatsen Reports First Quarter 2021 Financial Results
GUANGZHOU, China, May 19, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Total net revenues for the first quarter of 2021 increased 42.7% to RMB1.44 billion (US$220.5 million) from RMB1.01 billion for the first quarter of 2020.
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Read MoreYatsen to Announce First Quarter 2021 Financial Results on May 19, 2021
GUANGZHOU, China, May 12, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced that it will release its first quarter 2021 financial results on Wednesday, May 19, 2021, before the open of the U.S. markets. The Company will hold a conference call on Wednesday, May 19, 2021 at 7:30 am Eastern Time (7:30 pm Beijing/Hong Kong Time) to discuss the financial results.
prnewswire.com
Read MoreWhy Yatsen Stock Soared Today
The company's audited results match its previously provided unaudited financials.
fool.com
Read MoreYatsen Filed 2020 Annual Report on Form 20-F
GUANGZHOU, China, April 21, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced that the Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission ("SEC") on April 21, 2021. The annual report is available on the Company's investor relations website at ir.yatsenglobal.com and on the SEC's website at https://www.sec.gov/.
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Read MoreYatsen Holding Limited (YSG) CEO Jinfeng Huang on Q4 2020 Results - Earnings Call Transcript
Yatsen Holding Limited (YSG) CEO Jinfeng Huang on Q4 2020 Results - Earnings Call Transcript
seekingalpha.com
Read MoreYatsen Reports Fourth Quarter and Full Year 2020 Financial Results
GUANGZHOU, China, March 11, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Highlights Total net revenues for the fourth quarter of 2020 increased 71.7% to RMB1.96 billion (US$300.6 million) from RMB1.14 billion for the fourth quarter of 2019.
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Read MoreYatsen to Announce Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021
GUANGZHOU, China, March 4, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced that it will release its financial results for the fourth quarter and the full year ended December 31, 2020...
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