Company News, Financial News

ELF’s Net Sales Grow 76% in Q1 2024

Mass market beauty brand racks up its 18th consecutive quarter of delivering both net sales growth and market share gains.

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By: Lianna Albrizio

Associate Editor

Net sales for ELF Beauty grew 76% in Q1 2024 for the three months ended June 30, 2023.   The company also achieved market share gains of 260 basis points in Q1.   “This marks our 18th consecutive quarter of delivering both net sales growth and market share gains,” said Chairman and CEO Tarang Amin. “We are one of only five publicly traded consumer companies out of 274 that has grown for 18 straight quarters and averaged at least 20% sales growth per quarter over that period.” ...

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