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Net Sales Surpass $1 Billion for ELF in FY 2024

"We believe we are still in the early innings of unlocking the full potential” of the company, says Chairman and CEO Tarang Amin.

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By: Lianna Albrizio

Associate Editor

Net sales surpassed $1 billion for Happi Top 50 Company ELF for FY 2024, up 77% over last year’s earnings. The increase was driven primarily by strength across the company’s retailer and e-commerce channels, officials said. “Fiscal 2024 marked our strongest year of net sales growth on record, a continuation of the exceptional, consistent, category-leading growth we’ve delivered,” said Tarang Amin, ELF Beauty’s chairman and CEO. “In Q4, we grew net sales by 71% and expanded our ...

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