(Reuters) - Activist investor Marathon Partners Equity Management on Wednesday urged cosmetics maker e.l.f. Beauty Inc to consider strategic options, including cost cuts or a potential sale.
Marathon and its affiliated investment funds own about 8.5 percent of the common stock of the company, the hedge fund said.
The company did not immediately respond to a request for comment.
Reporting by Uday Sampath in Bengaluru; Editing by Arun Koyyur