E.l.f. Beauty (ELF) reports mixed earnings for fiscal 2024, with net sales increasing significantly but issuing weak guidance for the upcoming year. Despite surpassing $1 billion in net sales, the company's stock initially dropped by 12% due to lower-than-expected outlooks. ELF projects annual sales and profit below estimates, leading to market disappointment and a decline in share value.
🇺🇸 E.l.f. Beauty shares soar 19% after retailer indicates its torrid growth may not be over https://t.co/SS4Hd5hiCo
$ELF tops $1 billion in net sales for fiscal year 2024. "It's a combination of our exceptional, consistent category-leading growth," e.l.f. Beauty CEO Tarang Amin says. "It's our 21st consecutive quarter of net sales and market share growth." https://t.co/e1QUcWvcW9
🇺🇸 E.l.f. Beauty stock falls on outlook amid concerns over beauty-industry slowdown https://t.co/hSxYvKLqZn
$ELF up +22% today (at a $10.5B mkt cap), as it surpasses $1B in annual sales, with its US revenues at ~$874M... ...a reminder of the incredible pot'l white-space opp ahd for UK affordable #beauty co's in the US, with #REVB's US sales now just $67M & #W7L's US sales only at $9M! https://t.co/olNU05NTGV
#beauty $ELF not slowing down, here's another spectacular set of results with Q4-24 sales up +71% & adj EBITDA up +93%... https://t.co/GY3zEGqIg3 https://t.co/1C70o2gtEG ...2024 is an incredibly set of comps to beat, but mgmt's still projecting 20%+ revenue growth in Q1-25! https://t.co/r762bRmoQu
Elf Beauty reports surprising increase in earnings, but issues weak guidance for upcoming periods. Stock experiences significant rise following announcement on Thursday. #ElfBeauty #Earnings #StockMarket
$ELF is a disruptor in the beauty industry, offering high-quality makeup and skincare products at affordable prices. The company has grown its net sales for 21 consecutive quarters and has accelerated revenue growth significantly during the last year. The market has rewarded… https://t.co/E23tRfGsy3
$ELF passes 1bn in sales. Up 16% today. #W7L launches in Canada stock market. The scope is incredible for community led, low cost makeup. Instagram has sadly made makeup now a necessity and ELF CFO said international markets have grown 115% this year.
$ELF (+4.4% pre) e.l.f. Beauty Non-GAAP EPS of $0.53 beats by $0.20, revenue of $321.1M beats by $28.74M - SA https://t.co/BEUaEIEwx9
E.l.f. Beauty Stock Rises After a Weak Forecast. Here’s Why. https://t.co/62wYUTdDcZ
Elf Beauty projects annual sales, profit below estimates despite upbeat Q4 https://t.co/kLGvokWaYk https://t.co/vWLXwFvOso
$ELF Elf from -11% to -2% AH https://t.co/tTuCfI7xXe
$ELF Elf beats, but guidance light. -7% AH https://t.co/fx9oix4qfx
⚠️ ELF BEAUTY PROJECTS ANNUAL SALES, PROFIT BELOW ESTIMATES DESPITE UPBEAT Q4 Full Story → https://t.co/dyrdgF8wDp Elf Beauty projected annual sales and profit below Wall Street expectations on Wednesday, in a sign that sticky inflation has left little room for Americans to… https://t.co/Xm6WO50mJe
E.l.f. Beauty posts first $1 billion year, but shares fall on weaker than expected guidance https://t.co/yXVK2bILAr
e.l.f. Beauty double beat but disappoints on guidance. CEO: "Fiscal 2024 marked our strongest year of net sales growth on record, a continuation of the exceptional, consistent, categoryleading growth we’ve delivered" $ELF: -11% AH https://t.co/wbrsiVyxZT
$ELF Earnings: - Net sales increased 71% to $321.1 million, primarily driven by strength across our retailer and e-commerce channels. - Diluted earnings per share were $0.25 on a GAAP basis. Adjusted diluted earnings per share (diluted earnings per share calculated with adjusted… https://t.co/32XOG7NXfm
$ELF Earnings Recap - FY Outlook Disappoints Bigly Rev $321M vs $294M est EPS $0.53 vs $0.34 est Sees FY: Rev $1.23-1.25B vs $1.28B est EPS $3.20-3.25 vs $3.60 est Stock -12% initially - given the write down in FY EPS when Consensus growth was already at 21% vs 45x forward… https://t.co/9FyVpfoqpe
$ELF Taking a beating, taking $ULTA down with it 2nd Consecutive Earning of beat down Lowered Guidance sees FY2025 revenue of $1.23-1.25 billion, versus the consensus of $1.27 billion. https://t.co/3Vd6Lggnld
$ELF Earnings: - Net sales increased by 77% to $1.024 billion in fiscal 2024. - Net income was $14.5 million on a GAAP basis. Adjusted net income (net income excluding the items identified in the reconciliation table below) was $30.8 million. – e.l.f. Cosmetics Gained Market…