Reports Q3 revenue $146.5M, consensus $121.81M. "We delivered a terrific third quarter – growing our net sales by 49% and expanding our market share by 150 basis points, according to Nielsen." said Tarang Amin, e.l.f. Beauty’s Chairman and Chief Executive Officer. "This quarter marked our 16th consecutive quarter of net sales growth, reflecting the continued strong execution by the e.l.f. Beauty team. As we look ahead, we’re excited about the potential we see as we continue to make the best of beauty accessible to every eye, lip, face and skin concern."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ELF:
- e.l.f. Beauty Proves Attractive with Winning Earnings
- E.l.f. Beauty options imply 7.6% move in share price post-earnings
- e.l.f. Beauty price target raised to $50 from $43 at Stifel
- e.l.f. Beauty price target raised to $65 from $62 at JPMorgan
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations