Forecasts – Page 2 – 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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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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18 Jan

Forecasts and Takeaways From NRF’s Big Show

by Beauty Tips

Fashion, Featured

Forecasts and Takeaways From NRF’s Big Show

At this week’s National Retail Federation’s Big Show, retailers, industry experts and economists preached the identical sermon: manage inventories and costs conservatively and cautiously and be able to pounce on whatever shopping trends and hot items emerge. They see 2023 as a tale of two halves for retailers. The primary shall be tough, with a rebound within the second half of the 12 months. They see a consumer who’s becoming tapped out on savings and increase credit, shifting spending toward experiences and away from stuff, but say retailing generally held up through last holiday, but shall be softening soon. And there was a consensus on the inevitability of a recession, albeit one with almost definitely a soft landing. They said the important thing...

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26 Dec

Ulta Surpasses Wall Street Forecasts, Upgrades Full Yr Forecast

by Beautifaire101

Beauty, Featured

Ulta Surpasses Wall Street Forecasts, Upgrades Full Yr Forecast

Higher prices on the checkout usually are not deterring shoppers from stocking up on makeup and skincare at Ulta Beauty. After beating Wall Street estimates on the highest and bottom lines within the third quarter, the Bolingbrook, Illinois-based beauty retailer has once more increased its full-year outlook despite soaring inflation and fears that the U.S. could fall right into a recession next 12 months. Ulta can be encouraged by sales trends it has seen to date in the course of the crucial holiday season despite jitters in the broader retail world, with major firms including Goal, with which it has a partnership, downgrading forecasts. “While predicting holiday shopping patterns this 12 months is difficult, I'm optimistic in regards to the opportunity for Ulta...

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