Yatsen Holding (YSG) Tops Q3 EPS by 1c

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Go back to Yatsen Holding (YSG) Tops Q3 EPS by 1c

Yatsen Holding (YSG) Announces $100M Share Buyback; Reports Q3 Results

November 18, 2021 5:02 AM EST

Yatsen Holding Limited (NYSE: YSG), a leading Chinese beauty company, today announced its unaudited financial results for the third quarter ended September 30, 2021 and the authorization by its board of directors of a US$100 million share repurchase program.

Third Quarter 2021 Highlights

Total net revenues for the third quarter of 2021 increased by 6.0% to RMB1.34 billion (US$208.4 million) from RMB1.27 billion in the prior year period.Gross margin for the third quarter of 2021 was 67.9% compared to 65.7% in the prior year period.Gross sales[1] for the third... More