elf Beauty Stock Price, News & Analysis

e.l.f. Beauty (NYSE: ELF) has announced a new $500 million share repurchase program, authorized by its Board of Directors. This follows the exhaustion of its previous $25 million program from 2019, with approximately $17 million used in the past two weeks. The company's CEO, Tarang Amin, expressed confidence in their strategy and long-term potential, citing consistent category-leading sales and market share growth.

CFO Mandy Fields highlighted the company's strong cash flow generation and emphasized that their cash priorities remain focused on investing in growth initiatives and strategic extensions. The new program allows for repurchases through various methods, including open market purchases and accelerated share repurchase transactions, with timing and amount based on market conditions and other factors. The program has no expiration date and can be modified or terminated at any time.

e.l.f. Beauty (NYSE: ELF) has announced a multi-year global partnership with the Billie Jean King Cup (BJKC), the women's world cup of tennis. As the exclusive skin and cosmetic partner, e.l.f. aims to promote equality and inclusivity in women's sports. The company will co-host the inaugural Power of Women's Sports Summit on November 20, 2024, in Málaga, Spain, alongside the BJKC finals.

Additionally, e.l.f. has become a founding partner of iHeartMedia's Women's Sports Audio Network, the first audio platform dedicated to women's sports. This partnership includes hosting a live recording of 'The Rennae Stubbs Tennis Podcast' at the summit. These initiatives align with e.l.f.'s commitment to empowering women in sports and addressing the disparity in media coverage of women's sports.

e.l.f. Beauty (NYSE: ELF) reported strong Q1 fiscal 2025 results, with 50% net sales growth to $324.5 million and a 260 basis point market share gain. The company's gross margin increased by 80 basis points to 71%, while adjusted EBITDA rose 4% to $77.4 million. Net income reached $47.6 million, with adjusted diluted earnings per share of $1.10.

Based on these results, e.l.f. Beauty has raised its fiscal 2025 outlook, projecting net sales of $1,280-1,300 million (up from $1,230-1,250 million) and adjusted EBITDA of $297-301 million. The company's strong performance was driven by growth in both retailer and e-commerce channels, marking its 22nd consecutive quarter of net sales growth and market share gains.

e.l.f. Cosmetics has partnered with world champion blind swimmer Anastasia Pagonis to launch the 'Beauty For Every Eye' accessibility bundle. This -edition kit features three of Pagonis' favorite e.l.f. products, each with a scannable QR code linking to an audio description by Pagonis. The bundle, priced at $28, aims to make beauty products more accessible for the blind and low-vision community.

The collaboration showcases e.l.f.'s commitment to inclusivity and accessibility in the beauty industry. Pagonis, known for her social media presence and advocacy, will continue working with e.l.f. to develop more adaptive tools and products. This initiative aligns with e.l.f.'s mission to bring the best of beauty to every eye, lip, and face, while redefining possibilities for people of all abilities.

e.l.f. Beauty (NYSE: ELF) has announced it will release its first quarter fiscal 2025 results on Thursday, August 8, 2024. The company will hold a webcast at 4:30 p.m. Eastern Time to discuss the results, with a press release detailing the outcomes to be issued prior to the webcast. Tarang Amin, Chairman and CEO, and Mandy Fields, Senior VP and CFO, will host the event. The webcast will be broadcast live on the company's investor relations website, with an archived version available for those unable to attend the live broadcast.

e.l.f. (NYSE: ELF) is expanding its collaboration with Roblox (NYSE: RBLX) by becoming the first beauty brand to test real-world commerce on the platform. Within its immersive e.l.f. UP! experience on Roblox, e.l.f. has launched a virtual kiosk where U.S. visitors aged 13 and up can purchase exclusive physical products, including an e.l.f. UP! Pets Hoodie and a selection of cruelty-free lip and SPF products.

The partnership also includes a $50,000 donation to the Humane Society to support animal welfare. The e.l.f. UP! experience has garnered a 96% positivity rating and distributed over one million free virtual items since its launch in November 2023. This initiative aims to merge beauty with immersive digital platforms, teaching the Roblox community about social commerce with purpose.

Renowned Roblox creators, such as SimplyALemon, are involved in designing virtual items, bringing an added layer of creativity and engagement to the project.

Keys Soulcare, founded by Alicia Keys and e.l.f. Beauty, collaborates with Amazon Alexa to create a unique, soulful experience for Echo users. This initiative, launched on June 26, 2024, offers holistic beauty and wellness rituals narrated by Alicia Keys herself. Customers can enable the Keys Soulcare theme by saying, “Alexa, enable the Keys Soulcare theme.” The experience includes uplifting affirmations, soulcare beauty and skincare tips, and personalized skincare ritual quizzes, all aimed at nurturing the whole self—inside and out. The collaboration emphasizes the connection between skin and soul, infusing Alexa interactions with positive energy and good vibes. It's designed to make daily routines empowering and reflective of Keys Soulcare's philosophy. This first-of-its-kind beauty industry collab integrates seamlessly into users' lives, offering inspiration and education through familiar technology.

Keys Soulcare, founded by Alicia Keys and e.l.f. Beauty, collaborates with Amazon Alexa in a groundbreaking beauty industry initiative. Launching June 26, Alexa users can enable the Keys Soulcare theme, narrated by Alicia Keys, to infuse their daily Alexa interactions with holistic beauty and wellness rituals. The theme offers uplifting affirmations, beauty tips, and personalized skincare ritual finders, enhancing users' daily routines with positivity and self-care. This collaboration seamlessly integrates Keys Soulcare's philosophy of nurturing the whole self, both inside and out, into Alexa's interactive experience.

e.l.f. SKIN has launched its eagerly awaited Bronzing Drops, available in three shades. The product is a nourishing tinted serum designed to give the skin a sun-kissed glow. The launch is accompanied by a humorous campaign titled 'Peculiar Behavior,' starring actress Jameela Jamil. The campaign, directed by Chris Sojka, humorously depicts the high demand for the product within the e.l.f. community. Bronzing Drops are rich in antioxidants, contain Vitamin E and sunflower seed oil, and are free from harmful chemicals like phthalates and parabens. They are also cruelty-free, vegan, and produced in Fair Trade Certified facilities. The product is now available on elfcosmetics.com and at major retailers like Target and Walmart, with a price of $12.