Retail & Consumer · Week of Nov 2, 2026
Earnings slip and beauty deals: the week in retail and consumer
Perrigo, Reynolds and Under Armour posted lower quarterly profits; beauty brands e.l.f., No Makeup Makeup and Allergan Aesthetics also had news.
Third-quarter earnings dominated the week. Perrigo says All In net sales fell 5.2% to $989 million and cut its Core adjusted EPS outlook to $2.15 to $2.35, citing a planned Infant Formula divestiture, retailer inventory positioning and softness in Europe. Under Armour says fiscal second-quarter revenue fell 7 percent to $1.2 billion and lowered its expected gross margin gain. Reynolds Consumer Products says revenue rose to $944 million while net income fell to $58 million, and it reiterated full-year guidance. Perrigo and Reynolds both reported portfolio moves after quarter-end: one a sale, one an acquisition.
Beauty supplied most of the other news. e.l.f. Brands and Palm Tree Crew announced a branded hotel takeover in Miami during Art Basel, No Makeup Makeup disclosed the exit of its CEO and president, and AbbVie's Allergan Aesthetics presented study data on aesthetic treatment in patients on GLP-1 medications. Seoul-based Hyperstar, which targets Korean beauty brands selling abroad, launched a sales-based influencer selection tool, and Nootropics Depot published lab testing of competing supplements.
Perrigo Company plc
Perrigo Reports Third Quarter 2026 Financial Results From Continuing Operations
Perrigo says third-quarter All In net sales fell 5.2% to $989 million, with a reported diluted loss per share of $(0.10), and it agreed after quarter-end to divest its Infant Formula business for up to $175 million. The company lowered its fiscal 2026 Core adjusted EPS outlook to $2.15 to $2.35 from $2.25 to $2.55, citing the divestiture, retailer inventory positioning and softness in Europe.
AbbVie
Allergan Aesthetics Reports Improved Satisfaction With Facial Appearance Following Aesthetic Treatment in Two Studies of Patients on GLP-1 Medications
Allergan Aesthetics, an AbbVie company, presented results from two Phase 4 studies, HARMONY IN DIVERSITY and HALO, at the 2026 ASDS Annual Meeting, reporting FACE-Q satisfaction gains of 42.4 and 39.6 points in adults on GLP-1 medications. The company says most treatment-related adverse events were mild and nonserious, and HARMONY IN DIVERSITY showed no evidence of distant spread of toxin.
Reynolds Consumer Products Inc.
Reynolds Consumer Products Reports
Reynolds Consumer Products says third-quarter net revenues rose to $944 million from $931 million while net income fell to $58 million from $79 million, and it reiterated full-year guidance including Adjusted EPS of $1.57 to $1.63. After quarter end it completed the $110 million acquisition of Owl's Head Alloys and declared a $0.23 quarterly dividend payable November 30, 2026.
Under Armour, Inc.
UNDER ARMOUR REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Under Armour says revenue for the fiscal 2027 second quarter fell 7 percent to $1.2 billion, with declines in both North America and international, and it posted a net loss of $0.4 million. It now expects fiscal 2027 gross margin to rise 170 to 220 basis points, down from 220 to 270, while keeping adjusted operating income guidance at $140 million to $160 million.
Palm Tree Crew
The Palm Tree Club & Hotel Miami is Turning into Hote.l.f
Palm Tree Crew and e.l.f. Brands will turn The Palm Tree Club & Hotel Miami into "Hote.l.f." from Dec. 2–6 during Art Basel Miami, with invitation-only events followed by public nightclub access on the weekend. Palm Tree Crew CEO Michael Diaz says it is the company's first partnership with a beauty brand.
Nootropics Depot
Nootropics Depot Publishes Retail Market Research Measuring 68 Products Across 8 Ingredients
Nootropics Depot published lab results for 68 retail supplement products across 8 ingredients, 15 of them its own, tested from Q1 2025 through Q4 2025 using products bought at retail. The company says 6 of 10 competing lion's mane products measured no erinacine A, and it notes one competing Cistanche product measured higher echinacoside than its own.
Hyperstar
Hyperstar Ranks Influencers by Sales, Not Followers
Hyperstar says it has launched an AI agent that ranks influencers by sales data drawn from eight channels, including Amazon, Shopify and TikTok Shop, rather than by follower counts. The Seoul company is expanding into Southeast Asia through a Singapore entity and reports more than 1.1 billion won in revenue this year through October with 19 paying customers.
No Makeup Makeup
Kim Wileman and Shauna Lahiri Exit No Makeup Makeup Following Rapid Growth
No Makeup Makeup says Co-Founder and CEO Kim Wileman and President Shauna Lahiri left the company effective August 2026, after what it describes as eight-figure revenue in its first full year. The release does not name successors for either executive.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Mini Business News reporting.