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Net sales rise 20%.
March 9, 2017
By: Christine Esposito
Editor-in-Chief
e.l.f. Beauty, Inc. has announced results for the three- and 12-month periods ended December 31, 2016. Net sales increased 17% from the fourth quarter of 2015, reaching $76.4 million. For the full year, net sales increased 20%, or $38.2 million, to $229.6 million. “We are pleased to report that e.l.f. grew net sales 20% and expanded gross margin by over 500 basis points in 2016,” stated Tarang Amin, chairman and CEO. “This strong performance reflects progress executing our mission to make ...
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