E.l.f – Page 3 – Beautifaire

2 Aug

E.l.f. Beats Wall Street Estimates, Raises Full-year Forecasts –

E.l.f. Beauty began fiscal 2024 with a bang. The Oakland, California-based beauty company, whose brands include Well People and Soulcare in addition to its namesake cosmetics and skincare lines, once more blew through Wall Street estimates on each the highest and bottom lines, allowing it to lift its full-year forecasts. Net sales increased 76 percent to $216.3 million for the three months ended June 30, compared with $122.6 million a 12 months earlier, primarily driven by strength in each retailer and e-commerce channels. Analysts polled by Factset had on average penciled in sales to are available in at $206 million. “This marks our 18th consecutive quarter of delivering each net sales growth and market share gains. We're one in all only five publicly traded...

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18 Jun

E.l.f. Taps Paralympic Swimmer Anastasia Pagonis for Latest Series

by Beautifaire101

Beauty, Featured

E.l.f. Taps Paralympic Swimmer Anastasia Pagonis for Latest Series

With its latest initiative, E.l.f. Cosmetics is seeking to further the wonder industry’s commitment to inclusivity. The wonder brand has tapped 19-year-old Paralympic swimmer Anastasia Pagonis to kick off “Show Your(s)e.l.f.,” a video series which is able to highlight individuals countering adversity with resilience and education to enact positive change. “Anastasia actually inspired us to begin this series — we saw her raw honesty and real positivity, and he or she resonated with us as a young woman that rises even when faced with adversity at a really young age,” said Laurie Lam, chief brand officer at E.l.f. Beauty. Pagonis turned to swimming as an outlet after losing her vision at age 14 resulting from autoimmune retinopathy. At 17 years...

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24 May

E.l.f. Beauty Smashes Through Wall Street Forecasts – WWD

by Beautifaire101

Beauty, Featured

E.l.f. Beauty Smashes Through Wall Street Forecasts – WWD

E.l.f. Beauty continued its winning streak because it ended its financial 12 months, blowing through Wall Street forecasts in its fourth quarter as its bets on marketing and hero products paid off. Marking its seventeenth consecutive quarter of growth, the Oakland, California-based mass beauty company, whose brands include E.l.f. Cosmetics, Keys Soulcare and Well People, saw net sales jump 78 percent to $187.4 million within the three months ended March 31, surpassing analysts’ forecasts of $176 million. Net income was $16.2 million, compared with $1.6 million a 12 months earlier, while on an adjusted basis it was $23.8 million, up from $6.9 million. Adjusted diluted earnings per share were 42 cents, compared with 13 cents a 12 months earlier and way above Wall Street estimates...

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19 May

E.l.f. CEO Tarang Amin’s Three-Part Leadership Strategy – WWD

by Beautifaire101

Beauty, Featured

E.l.f. CEO Tarang Amin’s Three-Part Leadership Strategy – WWD

For Tarang Amin, chief executive officer of E.l.f. Beauty, the third time’s the charm. During his third time speaking at WWD’s annual Beauty CEO Summit, the chief who has led E.l.f. through 16 consecutive quarters of growth said it’s taken him his a long time spent in consumer goods to search out his winning strategies. “I’ve been in the buyer space for 32 years, helping construct brands in sectors as varied as food to paper to home care,” he said. “I spent eight years on Pantene as a part of a team that moved sales from $50 million to $2 billion, a forty-fold increase, and I’ve now been CEO of E.l.f. Beauty for over nine years, helping grow shareholder equity from $135...

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