elf Beauty Inc

ELF

Equity

ISIN US26856L1035 / Valor 33775016

New York Stock Exchange, Inc (2024-11-21)

USD 122.47+2.92%

elf Beauty Inc
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About company

Elf Beauty Inc is a cosmetics company that offers affordable and high-quality beauty products.

Summarized from source with an LLMView SourceSector: Healthcare

Net Sales Growth

e.l.f. Beauty Inc. reported a significant 50% increase in net sales for the first quarter of fiscal 2025, reaching $324.5 million. This growth was primarily driven by strong performance in both retailer and e-commerce channels.

Gross Margin Improvement

For the first quarter of fiscal 2025, e.l.f. Beauty Inc. achieved a gross margin of 71%, an increase of approximately 80 basis points. This improvement was attributed to favorable foreign exchange impacts, lower transportation costs, price increases in international markets, cost savings, and product mix adjustments.

Net Income and Earnings Per Share

e.l.f. Beauty Inc. reported a net income of $47.6 million on a GAAP basis for the first quarter of fiscal 2025. Adjusted net income was $64.3 million, with diluted earnings per share at $0.81 on a GAAP basis and $1.10 on an adjusted basis.

Liquidity Position

As of June 30, 2024, e.l.f. Beauty Inc. had $109.0 million in cash and cash equivalents, with long-term debt and finance lease obligations totaling $159.2 million. This compares to $142.5 million in cash and cash equivalents and $59.6 million in long-term debt and finance lease obligations as of June 30, 2023.

Updated Fiscal 2025 Outlook

e.l.f. Beauty Inc. has raised its fiscal 2025 outlook, now expecting a 25-27% year-over-year increase in net sales, compared to the previously expected 20-22% increase. The updated net sales forecast is between $1,280 million and $1,300 million, with adjusted EBITDA projected to be between $297 million and $301 million.

Summarized from source with an LLMView Source

Key figures

9.63%1Y

278%3Y

627%5Y

Performance

60.8%1Y

51.4%3Y

51.7%5Y

Volatility