elf Beauty Stock Price, News & Analysis

e.l.f. Cosmetics announces the launch of its new 'O FACE' Satin Lipstick, priced at $9. This lipstick offers a bold satin finish and comes in 20 shades, infused with nourishing ingredients like marula oil and squalane. TikTok star Meredith Duxbury joins as the brand ambassador, promoting the product through digital campaigns and a unique Lip Positions musical campaign. The lipstick is available on elfcosmetics.com and at retailers like Target and Walmart. e.l.f. emphasizes its commitment to making beauty accessible while delivering quality products at an extraordinary value.

e.l.f. Beauty reported a strong third quarter for the three months ended December 31, 2022, achieving a 49% net sales growth to $146.5 million. This growth marks the 16th consecutive quarter of sales increase, driven by robust performance in retail and e-commerce. Gross margins improved 180 basis points to 67%, although SG&A expenses rose to $75.4 million, accounting for 51% of net sales. Net income was $19.1 million or $0.34 per diluted share. The company raised its fiscal 2023 outlook to project net sales of $541-545 million and adjusted EBITDA of $110.5-112 million.

e.l.f. Beauty (NYSE: ELF) will host a webcast on February 1, 2023, at 4:30 p.m. Eastern Time to discuss its third quarter fiscal 2023 results. The presentation will feature CEO Tarang Amin and CFO Mandy Fields. A detailed press release will precede the webcast, outlining key financial metrics. Interested parties can access the live broadcast via the company's investor relations website, with an archived version available afterward. e.l.f. Beauty is committed to clean, cruelty-free beauty and operates a diverse portfolio, including e.l.f. Cosmetics and Well People.

e.l.f. Cosmetics, a top Gen Z makeup brand, has launched a holiday campaign featuring Meghan Trainor and insights from The Weather Channel. The campaign announces the return of the popular Halo Glow Liquid Filter with a significant waitlist of 75,000. e.l.f. will host a Glow Plow event in New York City on December 13-14, providing a holiday glow experience. Additionally, a Glow Bundle priced at $36 is introduced, including bestsellers like the Halo Glow Liquid Filter. This innovative approach aims to reach a wider audience by leveraging weather insights.

e.l.f. Beauty (NYSE: ELF) reported a remarkable 33% net sales growth for Q2 FY2023, achieving $122.3 million. The company's market share expanded by 115 basis points, marking its position as the fastest-growing brand in the top 5 color cosmetics sector. Gross margin reached 65%, boosted by price increases and cost savings. e.l.f. also raised its fiscal 2023 outlook, now projecting net sales between $478-486 million, an increase from the previous forecast of $448-456 million. Adjusted net income is expected to be $59.0-60.5 million.

e.l.f. Beauty (NYSE: ELF) will host a webcast on November 2, 2022, at 4:30 p.m. ET, to discuss its second quarter fiscal 2023 results. Tarang Amin, Chairman and CEO, along with Mandy Fields, CFO, will lead the discussion. A press release detailing the results will be issued prior to the event, and the webcast will be available live on their investor relations page. An archived version will also be accessible. e.l.f. Beauty focuses on clean, cruelty-free beauty, expanding its multi-brand portfolio across the U.S. and internationally.

e.l.f. Beauty (NYSE: ELF) has published its inaugural Impact Report for FY 2022, showcasing its environmental, social, and governance (ESG) commitments and achievements. Key highlights include:

• Diversity on the Board, with underrepresented groups at a third of members.
• Introduction of Fair Trade Certified™ products.
• High employee engagement at 89%.
• Donations of nearly $185,000 to charities.
• Commitment to sustainability, eliminating over one million pounds of packaging.
• 100% cruelty-free status.

For more insights, access the full report on e.l.f.'s website.

e.l.f. Beauty reported a robust performance for the three months ended June 30, 2022, with net sales growth of 26% to $122.6 million, bolstered by strong retailer relationships. The company gained 120 basis points of market share, marking its 14th consecutive quarter of sales growth. Gross margins improved by 390 basis points to 68%. e.l.f. raised its fiscal 2023 outlook, projecting net sales of $448-456 million, up from the previous estimate of $432-440 million. Adjusted diluted EPS is now expected to be $0.84-0.87.

e.l.f. Beauty (NYSE: ELF) announced a live webcast to discuss its first quarter fiscal 2023 results on August 3, 2022, at 4:30 p.m. ET. The session will be led by CEO Tarang Amin and CFO Mandy Fields, with a press release issued prior to the event. This opportunity will provide investors with insights into the company's performance and strategic direction. Interested parties can access the live broadcast or find an archived version online.