Shares of Revlon (REV +6.3%) and Avon Products (AVP +1.4%) take back some ground lost after both beauty companies posted subpar Q2 results last week. Coty (COTY +1%) and Estee Lauder (EL +1.1%) are also higher on the day.
Some analysts have suggested that the sector is oversold off of concerns on department store discounting.
Previously: Revlon reports Q2 results (Aug. 4)
Previously: Avon Products misses by $0.10, misses on revenue (Aug. 3)