earnings
confidence high
sentiment positive
materiality 0.80
e.l.f. Beauty Q3 net sales up 11% to $98.1M; raises FY2022 guidance on strong momentum
e.l.f. Beauty, Inc.
2022-Q3 EPS reported
$0.38
revenue$287,020,000
- Q3 net sales $98.1M (+11% YoY); GAAP diluted EPS $0.12, adjusted diluted EPS $0.24.
- Gross margin expanded 110 bps to 66%; adjusted EBITDA $21.7M (22% of sales).
- Nine-month net sales $287M (+27%); adjusted diluted EPS $0.71.
- Raises FY2022 guidance: net sales $372-379M (prev $364-370M), adj. EBITDA $70-72M, adj. EPS $0.73-0.76.
- Long-term debt reduced to $92.5M from $114.4M; cash $32.9M.