Welcome to our dedicated news page for e.l.f. Beauty (Ticker: ELF), a resource for investors and traders seeking the latest updates and insights on e.l.f. Beauty.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect e.l.f. Beauty's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of e.l.f. Beauty's position in the market.
Rhea-AI Summary
Tinuiti - Tinuiti becomes a badged TikTok Marketing Partner, showcasing expertise in leveraging TikTok for media optimization and advertising across various marketing objectives. They have been selected as one of only two agencies granted the designation in the United States, with only 10 agencies announced globally. Tinuiti's long-term partnership with TikTok has enabled them to exhibit deep-rooted expertise and be part of the platform's evolution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.59%
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Rhea-AI Summary
e.l.f. Beauty, Inc. (NYSE: ELF) faces 45% to 65% long-term downside risk according to a report by Spruce Point Capital Management, LLC. The report questions the company's partnership with Movers+Shakers, an advertising agency with connections to the NXIVM cult, and suggests that e.l.f. Beauty has used marketing messages similar to those of the cult. The report also questions whether e.l.f. Beauty's core values align with retail partners such as Walmart, Target, and Ulta Beauty.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
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Rhea-AI Summary
e.l.f. Beauty announces strong Q2 results with a 76% increase in net sales and a 330 basis point gain in color cosmetics category share. The company raises its fiscal 2024 outlook, expecting a 55-57% year-over-year increase in net sales. The acquisition of Naturium for $355 million further enhances e.l.f. Beauty's mission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
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Rhea-AI Summary
e.l.f. Beauty to hold webcast discussing second quarter fiscal 2024 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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Rhea-AI Summary
e.l.f. Beauty releases its second annual Impact Report, showcasing its ESG initiatives and accomplishments in FY 2023. The report highlights positive actions such as achieving $500 million in net sales and a 219% total shareholder return. It also mentions commitments to diversity, sustainability, and reducing environmental footprint. Notable achievements include having a diverse Board of Directors, high employee engagement, and reducing greenhouse gas emissions by 94%. The company plans to broaden its leadership team, donate 2% of profits to drive positive impact, and expand responsible sourcing. e.l.f. Beauty aims to reduce packaging intensity by 20% by FY 2030. The company will participate in a virtual fireside chat to discuss its ESG initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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Rhea-AI Summary
e.l.f. Beauty to acquire Naturium for $355 million, doubling its presence in skincare to 18% of retail sales. Naturium has seen +80% CAGR in net sales over the last two years and is expected to generate $90 million in net sales this year. The acquisition is expected to be accretive to e.l.f. Beauty's EPS in fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.97%
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Rhea-AI Summary
e.l.f. Beauty reports strong Q1 results with a 76% increase in net sales and a gain of 260 basis points of market share. They have raised their fiscal 2024 outlook, expecting a 37-39% YoY increase in net sales. Gross margin increased by approximately 280 basis points to 71%. Adjusted EBITDA was $74.3 million, up 135% YoY. They had $142.5 million in cash and cash equivalents and $59.6 million in long-term debt and finance lease obligations as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.33%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.92%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.47%
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Rhea-AI Summary
e.l.f. Beauty to hold webcast to discuss Q4 fiscal 2023 results on May 24, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
e.l.f. Beauty, Inc.
NYSE:ELF
ELF Rankings
ELF Stock Data
8.80B
53.41M
2.9%
99.72%
4.95%
Cosmetics, Beauty Supplies, and Perfume Stores
Retail Trade
United States of America
OAKLAND
About ELF
launched in 2004, e.l.f. cosmetics is a revolutionary beauty brand that offers women everywhere the freedom to experiment and play to enhance their own unique beauty. at e.l.f., we believe every woman should have access to the best in beauty and that is our mission – to make luxurious beauty more accessible. in fact, our line of cosmetics and tools for eyes, lips and face start at just $1! we think of ourselves as the brand that challenges the expected in mass cosmetics through innovation, creativity and passion. we attribute our success to our consumer-driven business model that allows us to respond to real feedback in real time. our consumers are our biggest asset – hearing from you fuels our passion and continually inspires and motivates us. so please keep doing what you’re doing and we’ll keep doing what we’re doing. and together, we will make it easy to have fun with beauty every single day!