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December 5, 2018
By: TOM BRANNA
Editor
For the quarter ended Sept. 30, 2018, net sales at e.l.f. fell 11% to $63.9 million, due to a decline in sales to discount channel customers, as well as certain pipeline shipments in the third quarter of 2017. “Our third quarter results reaffirm our confidence in our 2018 guidance,” stated Tarang Amin, chairman and CEO. “We delivered growth in the specialty channel and demonstrated disciplined expense and balance sheet management. We are aggressively pursuing three strategic initiatives to im...
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