E.l.f. Beauty Lifts Fiscal 2027 Outlook as Sales Rise 51%

E.l.f. Beauty raised its fiscal 2027 outlook after second-quarter net sales climbed 51% to $520.8 million, exceeding analysts’ $470.3 million estimate and adjusted earnings-per-share expectations. Adjusted earnings per share were $1.21, compared with an expected 60 cents. For the quarter ended Sept. 30, net income was $30.03 million, or 50 cents per share, up from roughly $3 million, or 5 cents per share, a year earlier. The quarter marked the company’s 31st consecutive quarter of net sales growth. Sales growth came through retail and e-commerce in the United States and international markets. International business grew 165%.

Source: TokenPost