{"schema_version":"secwatch.filing_event.v1","accession":"0001600033-22-000043","form_type":"8-K","ticker":"ELF","cik":"0001600033","company_name":"e.l.f. Beauty, Inc.","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.360717+00:00","generated_at":"2026-06-22T14:00:21.204720+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"e.l.f. Beauty Q2 net sales up 33% to $122.3M; raises FY2023 outlook","bullets":["Net sales $122.3M (+33% YoY); 15th consecutive quarter of growth.","Adjusted EPS $0.36 vs. $0.21 GAAP; gross margin improved 190 bps to 65%.","Raised FY2023 net sales guidance to $478-486M (previous $448-456M); adj. EPS now $1.07-1.10.","Director Kirk Perry resigns effective Nov 4, 2022; Gayle Tait appointed as Class I director.","Adjusted EBITDA $27.3M, 22% of net sales, up 47% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001600033-22-000043","json":"https://secwatch.observer/filing/0001600033-22-000043.json","markdown":"https://secwatch.observer/filing/0001600033-22-000043.md","text":"https://secwatch.observer/filing/0001600033-22-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1600033/000160003322000043/0001600033-22-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1600033/000160003322000043/elf-20221027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T14:00:21.204720+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3752aac1960f0da4cd10c93884c562069bfb0d96","claim":"e.l.f. Beauty, Inc. reported Second Quarter Fiscal 2023 results: revenue $122.3 million, net income $11.7 million, EPS $0.21. Guidance raised.","evidence_excerpt":"Net sales increased 33% to $122.3 million, primarily driven by strength in both our retailer and e-commerce channels. • Gross margin increased approximately 190 basis points to 65%, primarily driven by price increases, cost savings and product mix, partially offset by inventory adjustments and higher transportation costs. • Selling, general and administrative expenses (\"SG&A\") increased $13.7 million to $64.2 million, or 52% of net sales. Adjusted SG&A (SG&A excluding the items identified in the reconciliation table below) increased $11.0 million to $56.2 million, or 46% of net sales. The increase was primarily due to an increase in compensation and benefits, marketing and digital spend, and operations costs. • The provision for income taxes was $1.6 million. • Net income was $11.7 million on a GAAP basis. Adjusted net income (net income excluding the items identified in the reconciliation table below) was $20.1 million. • Diluted earnings per share were $0.21 on a GAAP basis.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600033/000160003322000043/0001600033-22-000043-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Second Quarter Fiscal 2023"},{"label":"Revenue","value":"$122.3 million"},{"label":"Net income","value":"$11.7 million"},{"label":"EPS","value":"$0.21"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4536c40aa6f2246a0fb6b0cd8fab20eafc594e72","claim":"e.l.f. Beauty, Inc. reported the six months ended September 30, 2022 results: revenue $245.0 million, net income $26.2 million, EPS $0.48. Guidance raised.","evidence_excerpt":"Six Months Ended September 30, 2022 Results For the six months ended September 30, 2022 , compared to the six months ended September 30, 2021: • Net sales increased 30% to $245.0 million, primarily driven by strength in both our retailer and e-commerce channels. • Gross margin increased approximately 290 basis points to 66%, primarily driven by price increases, cost savings, and product mix, partially offset by inventory adjustments and higher transportation costs. • SG&A increased $24.5 million to $125.7 million, or 51% of net sales. Adjusted SG&A increased $20.4 million to $111.2 million, or 45% of net sales. The increase was primarily due to an increase in compensation and benefits, marketing and digital spend and operations costs. • The provision for income taxes was $6.3 million. • Net income was $26.2 million on a GAAP basis. Adjusted net income was $41.2 million. • Diluted earnings per share were $0.48 on a GAAP basis.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600033/000160003322000043/0001600033-22-000043-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended September 30, 2022"},{"label":"Revenue","value":"$245.0 million"},{"label":"Net income","value":"$26.2 million"},{"label":"EPS","value":"$0.48"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"915d903279a59bfa3070b93ece9bcfd111e63ce8","claim":"e.l.f. Beauty, Inc. reported Fiscal 2023 results: revenue $478-486 million, net income $59.0-60.5 million, EPS $1.07-1.10. Guidance raised.","evidence_excerpt":"Updated Fiscal 2023 Outlook Previous Fiscal 2023 Outlook Net sales $478-486 million $448-456 million Adjusted EBITDA $93.5-95.0 million $83.5-85.0 million Adjusted effective tax rate 22-23% 25-26% Adjusted net income $59.0-60.5 million $47.0-48.5 million Adjusted diluted earnings per share $1.07-1.10 $0.84-0.87 Fiscal year ending diluted shares outstanding 56 million 56 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600033/000160003322000043/0001600033-22-000043-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal 2023"},{"label":"Revenue","value":"$478-486 million"},{"label":"Net income","value":"$59.0-60.5 million"},{"label":"EPS","value":"$1.07-1.10"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"84756d9fbd","claim":"Gayle Tait was appointed as Class I Director at e.l.f. Beauty, Inc..","evidence_excerpt":"On October 31, 2022, the Board appointed Gayle Tait to the Board as a Class I director, effective on November 4, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600033/000160003322000043/0001600033-22-000043-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class I Director"}],"fact_type":"executive_change"},{"claim_id":"e26d6b39c7","claim":"Kirk Perry resigned as Director at e.l.f. Beauty, Inc..","evidence_excerpt":"On October 27, 2022 , Kirk Perry resigned from the Board of Directors (the “ Board ”) of the Company, effective as of November 4, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1600033/000160003322000043/0001600033-22-000043-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}