E.L.F. significantly grew its revenue both in retail stores and online, as well as domestically and internationally. Margins slightly weakened primarily due to customs duties, but pricing and product mix subsequently stabilized the situation.
The unadjusted result remained modest, but the adjusted result was clearly better. Management emphasized that the brand gained more market share and the new launch at Sephora performed exceptionally well, which reinforces confidence in continued growth.
https://x.com/earnings_guy/status/1986179508529971661
