Welcome to our dedicated page for elf Beauty news (Ticker: ELF), a resource for investors and traders seeking the latest updates and insights on elf Beauty stock.
e.l.f. Beauty (ELF) is a leader in accessible, cruelty-free cosmetics known for its consumer-driven innovation in skincare and makeup. This page serves as the definitive source for all official company announcements and market-moving developments.
Investors and industry followers will find timely updates on earnings reports, product launches, and strategic partnerships, alongside regulatory filings and leadership changes. Our curated feed ensures you never miss critical information affecting ELF's market position.
Content spans quarterly financial results, sustainability initiatives, retail expansions, and innovations in clean beauty formulations. Each update is verified for accuracy to support informed analysis of the company's performance.
Bookmark this page for streamlined access to e.l.f. Beauty's evolving story in the competitive cosmetics sector. Check regularly for new developments that matter to stakeholders and beauty enthusiasts alike.
e.l.f. Beauty (NYSE: ELF) is set to debut a new episode of its documentary series “Show Your(s)e.l.f.” on June 6 at the 23rd Tribeca Festival. The series, focusing on self-expression, includes a short film featuring Chella Man, a deaf genderqueer artist, and will compete in the 2024 Tribeca X Award Competition. Other subjects include swimmer Anastasia Pagonis, activist Amanda Nguyen, and bionic pop artist Viktoria Modesta. e.l.f. aims to inspire positivity and inclusivity through these stories. This marks the first time in over a decade that a beauty brand has participated in the Tribeca Festival.
e.l.f. Beauty (NYSE: ELF) has announced its continued partnership with three-time world champion para swimmer Anastasia “Tas” Pagonis. The collaboration aims to boost inclusivity and accessibility within the beauty industry. Pagonis, who has been legally blind since age 14, previously featured in e.l.f.'s 'Show Your(s)e.l.f.' documentary. The partnership will include new content that provides a behind-the-scenes look at Pagonis's life as she prepares for the 2024 swimming season. Chief Marketing Officer Kory Marchisotto emphasized the company's commitment to positivity, inclusivity, and accessibility. Pagonis expressed her excitement, appreciating e.l.f.'s authentic storytelling approach.
e.l.f. Beauty (NYSE: ELF) reported outstanding financial results for Q4 and fiscal year 2024, achieving over $1 billion in net sales, a 77% increase compared to the previous year. The company saw a 71% rise in net sales for Q4 alone, with gross margins increasing by 180 basis points to 71%. Adjusted net income for Q4 was $30.8 million, and adjusted diluted earnings per share were $0.53. For the fiscal year, adjusted net income was $183.8 million, with adjusted diluted EPS of $3.18.
SG&A expenses rose significantly due to higher marketing, compensation, and operational costs. The company's cash position stood at $108.2 million, with long-term debt at $161.8 million. e.l.f. Beauty also acquired Naturium for $333 million, enhancing its skincare portfolio.
Looking ahead, the company expects a 20-22% increase in net sales for fiscal 2025, with adjusted net income projected between $187-191 million.
e.l.f. Cosmetics (NYSE: ELF) is making history as the first beauty brand to serve as a primary sponsor of a driver in the Indianapolis 500. Katherine Legge, the only female driver in this year's race, will be competing in an e.l.f. branded car. This initiative aims to promote inclusivity and women empowerment in racing. Besides the race, e.l.f. will offer various interactive experiences, including a 'Lip Oil Change' pit crew and a 500-drone show. Fans can also engage with the brand through a custom Roblox experience, a Snapchat AR lens, and a Twitch livestream. The event takes place on May 26, 2024, with coverage on NBC.
e.l.f. Beauty (NYSE: ELF) will discuss its Q4 fiscal 2024 results on May 22, 2024, at 4:30 p.m. ET. The webcast will be hosted by Tarang Amin and Mandy Fields. An archived version will be available for those unable to listen live.
In a collaborative effort, tennis icon Billie Jean King and e.l.f. Beauty advocate for gender equality and inclusivity by promoting diversity on corporate boards. The initiative 'Change the Board Game' aims to increase the representation of women and diverse candidates in leadership positions. e.l.f. Beauty's successful track record and commitment to inclusivity have resulted in 20 consecutive quarters of net sales growth, setting an example for the industry.
FAQ
What is the current stock price of elf Beauty (ELF)?
What is the market cap of elf Beauty (ELF)?
