8-K
filed August 1, 2023, 7:59 PM ET
ticker ELF
CIK 0001600033
earnings
confidence high
sentiment positive
materiality 0.85
e.l.f. Beauty Q1 net sales +76% to $216.3M; raises FY2024 outlook
e.l.f. Beauty, Inc.
2024-Q1 EPS reported
$0.93
revenue$216,339,000
- Q1 net sales $216.3M (+76% YoY); gross margin 71% (+280 bps); adjusted diluted EPS $1.10.
- Raised FY2024 net sales outlook to $792-802M (prev. $705-720M); adjusted EBITDA outlook $171-174M.
- Market share gained 260 bps; 18th consecutive quarter of net sales growth and share gains.
- Cash and equivalents $142.5M; long-term debt $59.6M; adjusted EBITDA $74.3M (+135% YoY).
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
e.l.f. Beauty, Inc. reported fiscal 2024 results: revenue $792-802 million, net income $125-127 million, EPS $2.19-2.22. Guidance raised.
- Period
- fiscal 2024
- Revenue
- $792-802 million
- Net income
- $125-127 million
- EPS
- $2.19-2.22
- Guidance
- raised
- Result
- guidance update
Exact text from the filing
expected 37-39% year-over-year increase in net sales, as compared to an expected 22-24% increase previously. Updated Fiscal 2024 Outlook Previous Fiscal 2024 Outlook Net sales $792-802 million $705-720 million Adjusted EBITDA $171-174 million $114.5-147.5 million Adjusted effective tax rate 17-18% 21-22% Adjusted net income $125-127 million $98.5-100.5
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
e.l.f. Beauty, Inc. reported three months ended June 30, 2023 results: revenue $216.3 million, net income $53.0 million, EPS $0.93.
- Period
- three months ended June 30, 2023
- Revenue
- $216.3 million
- Net income
- $53.0 million
- EPS
- $0.93
- Result
- reported results
Exact text from the filing
momentum.” Three Months Ended June 30, 2023 Results For the three months ended June 30, 2023, compared to the three months ended June 30, 2022: • Net sales increased 76% to $216.3 million, primarily driven by strength in both our retailer and e-commerce channels. • Gross margin increased approximately 280 basis points to 71%, primarily driven by favorable FX
View on SEC.gov
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