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

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 An archived version will also be accessible.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.

e.l.f. Cosmetics has unveiled a limited edition 8-piece collection named Game Up, merging gaming with beauty. This collection features vibrant colors and innovative products, priced affordably for consumers. Available initially on elfcosmetics.com, it will launch at Target stores on July 10 and at Shoppers Drug Mart on July 18. The collection includes products like Game Up Eye Win Eyeliner Pot for $6 and Game Up Shield Me Setting Mist for $10. Each product comes with a code for rewards through e.l.f.'s Beauty Squad.

e.l.f. Beauty reported a remarkable 23% net sales growth for fiscal 2022, reaching $392.2 million. In Q4 alone, net sales increased 13% to $105.1 million, supported by strong performance in national and international retailers. Despite a slight decline in gross margin and a rise in SG&A expenses, adjusted net income was $45.2 million with diluted EPS of $0.84. For fiscal 2023, the company anticipates a 10-12% increase in net sales, signaling continued momentum.

e.l.f. Beauty (NYSE: ELF) announced a webcast to discuss its fourth quarter fiscal 2022 results on May 25, 2022, at 4:30 p.m. Eastern Time. The live broadcast will feature CEO Tarang Amin and CFO Mandy Fields. An accompanying press release detailing the results will be issued prior to the webcast. The company emphasizes its commitment to clean, cruelty-free beauty and has expanded its portfolio to include brands such as e.l.f. SKIN and Well People. Archived versions of the webcast will be available online.

e.l.f. Beauty and Dunkin’ are launching a limited-edition makeup collection on March 31. The e.l.f. x Dunkin’ collaboration features products inspired by Dunkin's iconic flavors, including $16 eyeshadow palettes and $12 lip glosses. Available at elfcosmetics.com and Ulta Beauty starting April 3, the collection includes unique items like a coffee lip scrub and a glazed for days lip gloss set. The launch will be promoted by TikTok influencer Mikayla Nogueira, with live shopping events and a pop-up experience in NYC.