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e.l.f. Beauty, Inc. - ELF STOCK NEWS

Welcome to our dedicated page for e.l.f. Beauty news (Ticker: ELF), a resource for investors and traders seeking the latest updates and insights on e.l.f. Beauty stock.

e.l.f. Beauty, Inc. (NYSE: ELF) is a pioneering beauty company founded in 2004 with the mission to make premium-quality cosmetics accessible to all. Known for its inclusive, clean, vegan, and cruelty-free products, e.l.f. Beauty offers a wide range of cosmetics and skincare items under the brands e.l.f. Cosmetics, W3LL PEOPLE, and Keys Soulcare.

e.l.f. Beauty's product portfolio includes items like eyeliner, mascara, false eyelashes, lipstick, foundation, moisturizer, cleanser, and various beauty tools, available both in physical stores and online. With prices starting as low as $1, the company has democratized beauty, making luxury accessible to a broader audience.

As of the latest news, e.l.f. Beauty has formed a significant partnership with the National Association of Corporate Directors (NACD). This partnership aims to promote diversity, equity, and inclusion (DE&I) in corporate governance. Notably, e.l.f. Beauty's Board of Directors is composed of two-thirds women and one-third diverse members, reflecting the company's commitment to inclusive governance.

e.l.f. Beauty has enjoyed 19 consecutive quarters of growth, a testament to its consumer-driven business model and ability to innovate. Their focus on real-time consumer feedback allows them to rapidly adapt and meet market demands. The company's success is also attributed to its dedication to positive change and empowering every eye, lip, and face in the beauty industry and beyond.

Financially, e.l.f. Beauty generates the majority of its revenue from U.S. sales, although it maintains a growing international presence. The company aims not only to lead in product innovation but also to set new standards in corporate responsibility and inclusivity.

For more information on e.l.f. Beauty's latest updates and projects, please refer to the latest news section provided below.

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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.
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e.l.f. Beauty to hold webcast discussing second quarter fiscal 2024 results
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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.
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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.
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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.
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e.l.f. Beauty to hold webcast to discuss Q4 fiscal 2023 results on May 24, 2023
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e.l.f. Cosmetics is enhancing its entertainment strategy with the launch of a new digital series, "Vanity Table Talk", hosted by actress Jennifer Coolidge. Premiering tomorrow, the series merges elements of late-night talk shows and TikTok's Get Ready With Me format. Coolidge will share comedic insights related to her makeup routine and e.l.f. products. To celebrate the launch, e.l.f. will donate $100,000 to Rise for Animals, a national animal rights organization. Upcoming episodes will feature Ashley Park and Ziwe, focusing on beauty trends and application tips. The series aims to promote self-expression through makeup, showcasing e.l.f.'s product innovations each month on social platforms including YouTube, Instagram, and TikTok.

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e.l.f. Cosmetics and American Eagle are launching a limited edition makeup and skincare collection aimed at Gen Z. This collaboration is a first for both brands, featuring denim-inspired products that include the Denim Daze Eyeshadow Palette priced at $16 and Perfect pHIT Lip Balm for $8. Key elements of the collection incorporate unique branding elements from both brands, such as the iconic AE denim tag. The collection will be available starting March 30 on e.l.f.'s website, American Eagle's website, and select stores. Fans are encouraged to participate in a promotional campaign featuring the 'From Selfie to Belfie' challenge.

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FAQ

What is the current stock price of e.l.f. Beauty (ELF)?

The current stock price of e.l.f. Beauty (ELF) is $126.42 as of November 22, 2024.

What is the market cap of e.l.f. Beauty (ELF)?

The market cap of e.l.f. Beauty (ELF) is approximately 7.1B.

What does e.l.f. Beauty, Inc. do?

e.l.f. Beauty, Inc. offers clean, vegan, and cruelty-free cosmetics and skincare products under brands like e.l.f. Cosmetics, W3LL PEOPLE, and Keys Soulcare.

What are some recent achievements of e.l.f. Beauty, Inc.?

e.l.f. Beauty has achieved 19 consecutive quarters of growth and formed a partnership with the National Association of Corporate Directors (NACD) to promote diversity, equity, and inclusion.

What is the mission of e.l.f. Beauty, Inc.?

The mission of e.l.f. Beauty is to make premium-quality beauty products accessible to everyone, emphasizing inclusivity, cleanliness, and affordability.

Where can I buy e.l.f. Beauty products?

e.l.f. Beauty products can be purchased both online and in physical stores across the U.S. and internationally.

What kind of products does e.l.f. Beauty offer?

e.l.f. Beauty offers a wide range of products including eyeliner, mascara, false eyelashes, lipstick, foundation, moisturizer, cleanser, and various beauty tools.

What is the focus of e.l.f. Beauty's latest partnership?

e.l.f. Beauty's partnership with NACD focuses on promoting diversity, equity, and inclusion (DE&I) in corporate governance.

How does e.l.f. Beauty stay consumer-driven?

e.l.f. Beauty uses real-time consumer feedback to adapt and innovate its product offerings, ensuring they meet market demands.

What makes e.l.f. Beauty's products unique?

e.l.f. Beauty's products are known for being inclusive, clean, vegan, and cruelty-free, making premium-quality beauty accessible at affordable prices.

What are e.l.f. Beauty's primary markets?

e.l.f. Beauty generates most of its revenue from the U.S. market but also has a growing international presence.

What values drive e.l.f. Beauty's corporate culture?

e.l.f. Beauty is driven by values of inclusivity, positivity, and accessibility, aiming to disrupt norms and shape culture through its products and corporate practices.

e.l.f. Beauty, Inc.

NYSE:ELF

ELF Rankings

ELF Stock Data

7.09B
54.85M
2.64%
101.49%
8.73%
Household & Personal Products
Perfumes, Cosmetics & Other Toilet Preparations
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United States of America
OAKLAND