e.l.f. Beauty reported strong earnings for fiscal 2024, with net sales increasing by 77% to $1.024 billion. Net income was $14.5 million on a GAAP basis, while adjusted net income stood at $30.8 million. However, the company issued weak guidance for FY2025, projecting revenue of $1.23-1.25 billion, below the consensus of $1.27 billion. Despite the positive Q4 results, Elf Beauty's annual sales and profit projections fell short of Wall Street expectations, attributed to inflationary pressures.
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 (+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
⚠️ 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 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 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…