Yatsen reports Q3 EPS (7c) vs. (11c) last year

Reports Q3 revenue $140.25M vs. $96.47M last year. Jinfeng Huang, founder, chairman and CEO of Yatsen (YSG), stated, “Today’s results reflect the continued progress of our strategy to build a competitive and resilient brand portfolio. During the third quarter, we once again achieved revenue growth, with our skincare brands significantly outperforming the market. Our major brands continued to introduce new products, for instance, DR.WU’s PDRN Serum and Galenic’s No.3 VB Serum. Our robust product pipelines have positioned us well for the upcoming Double 11 shopping festival. We remain focused on accelerating brand and product innovation to drive sustainable, long-term growth.”