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Net sales soar 27%.
August 10, 2017
By: Christine Esposito
Editor-in-Chief
For the three months ended June 30, 2017, e.l.f. Beauty said net sales increased 27% to $55.9 million, driven by sales growth across leading national retailers and the company’s direct business. “We are pleased with our strong progress in Q2 highlighted by a 27% increase in net sales and over 700 basis point expansion in gross margin,” stated Tarang Amin, chairman and CEO. “Our performance continues to demonstrate the successful execution of our mission to make luxurious beauty accessible for...
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