elf Beauty Stock Price, News & Analysis

e.l.f. Beauty (NYSE: ELF) announced a webcast to discuss its third quarter fiscal 2021 results scheduled for February 3, 2021, at 4:30 p.m. ET. The live broadcast will feature Tarang Amin, Chairman and CEO, and Mandy Fields, CFO. An archived version will be available post-event. This announcement follows e.l.f.'s strategy of inclusive and cruelty-free beauty, bolstered by the acquisition of W3LL People and the launch of Keys Soulcare with Alicia Keys. Investors can find more details on the investor relations website.

Keys Soulcare has launched six new dermatologist-developed clean skincare products, expanding its offerings from three initial products released in December 2020. Co-founded by Alicia Keys and Dr. Renée Snyder, the new items—Golden Cleanser, Be Luminous Exfoliator, Harmony Mask, Reviving Aura Mist, Comforting Balm, and Skin Transformation Cream—focus on holistic beauty rituals and clean ingredients. Each product contains affirmations meant to enhance self-care, emphasizing the brand's vision of combining skincare with soulful intention.

e.l.f. Cosmetics is launching a holiday album titled “e.l.f. the Hauls”, featuring five remixed holiday classics, while becoming the first beauty brand on the platform Triller. The album includes songs like “Jingle Bells” and “Joy to the World”, recorded by up-and-coming artists. Alongside the album, e.l.f. will release colorful mini music videos on multiple platforms, including Instagram and TikTok. The campaign aims to spread holiday cheer and support emerging artists, with products available online and at Target.

e.l.f. Cosmetics is expanding its reach to Gen Z through a collaboration with gaming influencer Loserfruit, integrating its products into the gaming community. With over 6.1 million daily Twitch users, e.l.f. aims to connect with fans who engage in video gaming. A recent survey revealed that 70% of e.l.f. fans play video games, highlighting the potential market. The partnership will launch 'e.l.f. U,' focusing on female gamer empowerment and engaging both male and female audiences. This initiative is in line with e.l.f.'s commitment to inclusivity and community building.

e.l.f. Beauty (NYSE: ELF) reported a 7% increase in net sales for the three months ending September 30, 2020, totaling $72.4 million. This marks the seventh consecutive quarter of growth, boosted by digital sales and international expansion. Gross margin improved to 65%, up by 100 basis points. However, net income fell to $0.4 million or $0.01 per diluted share, down from $6.5 million in the same period last year. For fiscal 2021, the company anticipates a 5-7% increase in net sales with projected adjusted EBITDA of $57-60 million.

e.l.f. Beauty (NYSE: ELF) announced a webcast to discuss its second quarter fiscal results for 2021, ending September 30, 2020. The event is scheduled for November 4, 2020, at 4:30 PM ET. CEO Tarang Amin and CFO Mandy Fields will host the session, providing insights into the company’s performance. An accompanying press release detailing financial results will be released prior to the webcast. Participants can register online for the event and will have access to a Q&A session. e.l.f. Beauty’s commitment to inclusive and cruelty-free beauty continues to drive its growth.