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.
e.l.f. Cosmetics has announced a significant reformulation of over 350 products to align with the clean beauty movement, adhering to EU Cosmetics Regulation and FDA standards. The company has banned over 1,600 harmful ingredients and emphasizes vegan and cruelty-free formulations. Their new Pure Skin collection features dermatologist-developed products, priced at just
e.l.f. Beauty (NYSE: ELF) has announced a webcast scheduled for February 2, 2022, at 4:30 p.m. ET to discuss its third quarter fiscal 2022 results. The webcast will be hosted by CEO Tarang Amin and CFO Mandy Fields, following a press release that will detail the Company’s financial performance. e.l.f. Beauty is recognized for its commitment to inclusive, cruelty-free beauty, bolstered by the introduction of clean-beauty brand Well People and Keys Soulcare, a brand developed with Alicia Keys, enhancing its product portfolio.
e.l.f. Cosmetics introduces the limited-edition Cookies ‘N’ Dreams collection, featuring 13 clean beauty products inspired by ice cream flavors. Available exclusively at elfcosmetics.com and Walmart in the U.S., the collection launches on January 20, with early access for loyalty members on January 19. Products start at just
e.l.f. Cosmetics has launched its first TikTok-native holiday film titled 'BIG MOOD, BIG E.L.F.ING CITY,' showcasing a unique crowdsourced approach involving TikTok creators. The movie features TikTok influencers and everyday users, with 12 winners selected to appear alongside top creators. The storyline highlights Ash's adventure in the city, aided by popular e.l.f. products. Additionally, an original holiday album titled 'e.l.f. the Hauls' accompanies the film, featuring remixed holiday classics. This initiative aligns with e.l.f.'s mission to empower its community through creativity and participation.
e.l.f. Beauty has announced a significant milestone in its Project Unicorn initiative, eliminating over one million pounds of packaging materials since its launch in 2019. The initiative aims to streamline product packaging across more than 200 SKUs while promoting sustainability. Key achievements include the removal of secondary cartons and a notable 66,000 pounds reduction from a single product, the Clear Lip Lacquer. The company continues to focus on environmentally friendly practices, emphasizing its commitment to reducing its packaging footprint.
e.l.f. Beauty reported a 27% increase in net sales for Q2 FY2022, reaching $91.9 million. The company gained 30 basis points in market share in the U.S. color cosmetics segment, marking its eleventh consecutive quarter of sales growth. Gross margin decreased to 63%, impacted by rising freight costs and foreign exchange rates. SG&A expenses rose to $50.4 million, or 55% of sales. For FY2022, e.l.f. raised its net sales guidance to $364-$370 million, reflecting expected growth of 14-16%.
e.l.f. Beauty (NYSE: ELF) announced a webcast scheduled for November 3, 2021, at 4:30 PM ET to discuss its second quarter fiscal 2022 results. The webcast will feature Chairman and CEO Tarang Amin and CFO Mandy Fields. A press release with detailed results will be issued prior to the event. The discussion will be available live and archived on their investor relations webpage. e.l.f. Beauty emphasizes its commitment to inclusive and cruelty-free beauty and continues to expand its portfolio with brands like W3LL PEOPLE and Keys Soulcare.
WƎLL PEOPLE, a clean beauty brand, is launching a new skincare collection featuring five dermatologist-developed products: a moisturizer, cleanser, exfoliating powder, eye gel-cream, and facial oil. All products are infused with plant-powered ingredients like snow mushroom and aloe juice, emphasizing long-term skin health.
The collection is vegan, gluten-free, and cruelty-free, free from synthetic fillers and over 1,700 harmful additives. Available on October 15 at w3llpeople.com, the line supports eco-friendly packaging, aligning with the company's commitment to wellness and self-care.
e.l.f. Cosmetics announces the launch of Big Mood Mascara, a clean, cruelty-free, and vegan product designed to provide mega volume and lift for lashes. Partnering with artist Tierra Whack, the campaign promotes creativity and self-expression with a catchy song and influencer collaborations on TikTok. The mascara features an hourglass-shaped brush and a creamy formula for easy application, priced at just $7. Additionally, e.l.f. contributes $25,000 to Women’s Way of Philadelphia to support gender equality initiatives. Big Mood Mascara is now available in the U.S., Canada, and select European countries.
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