Company News, Financial News

ELF Beauty: Third Quarter Fiscal 2024 Results

Driven by strength in retailer and e-commerce channels, quarterly net sales rose 85% and nine-month net sales increased 80%.

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By: Lianna Albrizio

Associate Editor

ELF Beauty announced results for the three and nine months ended December 31, 2023.   For the three months ended December 31, 2023, net sales increased 85% to $270.9 million, primarily driven by strength in both retailer and e-commerce channels, the company said.   Net income was $26.9 million.   “Our vision is to create a different kind of beauty company and you can see that in the exceptional, consistent, category-leading growth we’ve delivered,” said Tarang Amin, ELF B...

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