Elf Beauty lifts annual forecasts on resilient cosmetics demand; shares up
- E.l.f. Beauty raised its full-year sales guidance to $1.32 billion to $1.34 billion after experiencing a 40% increase in sales.
- The company reported strong market performance with 40% net sales growth, driven by 195 basis points of market share gains in the U.S.
- E.l.f. Beauty's CEO stated that the brand appeals to multiple generations, being the top choice among Gen Z and Gen Alpha.
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Leaning Left1Leaning Right1Center6Last UpdatedBias Distribution75% Center
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74% Center
13%
C 74%
13%
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