E.l.f. Beauty sales jump 51% as it raises full-year outlook

E.l.f. Beauty sales jump 51% as it raises full-year outlook

E.l.f. Beauty sales jump 51% as it raises full-year outlook

Cosmetics company E.l.f. Beauty reported a 51% rise in net sales to $520.8 million for the quarter ended September 30, beating Wall Street expectations of $470.3 million. Adjusted earnings reached $1.21 a share, well above the 60 cents analysts had expected. The company raised its full-year sales guidance to growth of 22% to 24%, helped by strong demand across its brands, marketing campaigns and the international expansion of its Rhode brand, and said it had reinvested tariff refunds into marketing and lower prices on some products.

Cosmetics company E.l.f. Beauty reported a 51% rise in net sales to $520.8 million for the quarter ended September 30, beating Wall Street expectations of $470.3 million. Adjusted earnings reached $1.21 a share, well above the 60 cents analysts had expected. The company raised its full-year sales guidance to growth of 22% to 24%, helped by strong demand across its brands, marketing campaigns and the international expansion of its Rhode brand, and said it had reinvested tariff refunds into marketing and lower prices on some products.

Cosmetics company E.l.f. Beauty reported a 51% rise in net sales to $520.8 million for the quarter ended September 30, beating Wall Street expectations of $470.3 million. Adjusted earnings reached $1.21 a share, well above the 60 cents analysts had expected. The company raised its full-year sales guidance to growth of 22% to 24%, helped by strong demand across its brands, marketing campaigns and the international expansion of its Rhode brand, and said it had reinvested tariff refunds into marketing and lower prices on some products.