Elf Beauty Lifts Annual Outlook After 36% Sales Surge, $1.75 EPS Blowout
ELF sits 72% above its 52-week low of $48.82.
Summary
e.l.f. Beauty raised its fiscal 2027 sales and profit forecasts after a blowout Q1. Net sales jumped 36% to $479.4M, crushing the $429.5M consensus, while adjusted EPS of $1.75 was more than double the $0.71 estimate. The company now sees full-year sales of $1.94B-$1.97B (up from $1.84B-$1.87B) and adjusted EPS of $3.50-$3.55 (up from $3.27-$3.32). Gross margin expanded 1,400 bps, aided by a 1,050 bps tariff refund benefit. Management highlighted strong demand for its value-priced products, with 75% priced at $10 or less, and plans to lower prices on 10% of its portfolio to drive volume. International expansion is accelerating: the Rhode brand launches in 19 European countries next month, and the Elf brand enters Brazil, both through Sephora. This follows mixed Q4 results in May and a sharp FY2026 net income decline to $26.3M on tariff costs—today's guidance raise and margin recovery signal a sharp turnaround.
At the time of this announcement, ELF was trading at $84.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $5.1B. The 52-week trading range was $48.82 to $150.99. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.