---
schema_version: "secwatch.filing_event.v1"
accession: "0001600033-23-000045"
form_type: "8-K"
ticker: "ELF"
cik: "0001600033"
company_name: "e.l.f. Beauty, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:37:50.191485+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# e.l.f. Beauty Q2 net sales up 76% to $215.5M; raises FY2024 outlook

## Summary
- Q2 GAAP EPS $0.58, adjusted EPS $0.82; gross margin 71% (+570 bps YoY).
- Net sales $215.5M (+76% YoY); 19th consecutive quarter of growth.
- Closed Naturium acquisition for $355M on Oct 4; contributes ~$48M sales in FY2024.
- Updated FY2024 outlook: sales $896-906M (vs prior $792-802M); adj EPS $2.47-2.50.
- Adjusted EBITDA Q2 $60.4M (28% of sales), up 122% YoY.

## SEC filing metadata
- accession: 0001600033-23-000045
- form_type: 8-K
- ticker: ELF
- cik: 0001600033
- company_name: e.l.f. Beauty, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600033/000160003323000045/0001600033-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600033/000160003323000045/elf-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600033-23-000045
- JSON: https://secwatch.observer/filing/0001600033-23-000045.json
- Plain text: https://secwatch.observer/filing/0001600033-23-000045.txt

## Key facts
- Earnings Releases
  e.l.f. Beauty, Inc. reported six months ended September 30, 2023 results: revenue $431.8 million, net income $86.2 million, EPS $1.50.
  - Period: six months ended September 30, 2023
  - Revenue: $431.8 million
  - Net income: $86.2 million
  - EPS: $1.50
  - Result: reported results
  source text: Net sales increased 76% to $431.8 million, primarily driven by strength in both retailer and e-commerce channels.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003323000045/0001600033-23-000045-index.htm
- Earnings Releases
  e.l.f. Beauty, Inc. reported fiscal 2024 results: revenue $896-906 million. Guidance raised.
  - Period: fiscal 2024
  - Revenue: $896-906 million
  - Guidance: raised
  - Result: guidance update
  source text: Updated Fiscal 2024 Outlook Previous Fiscal 2024 Outlook Net sales $896-906 million $792-802 million Adjusted EBITDA $197-200 million $171-174 million Adjusted effective tax rate 17-18% 17-18% Adjusted net income $144-146 million $125-127 million Adjusted diluted earnings per share $2.47-2.50 $2.19-2.22 Fiscal year ending diluted shares outstanding 58 million 57 million Webcast Details The Company will hold a webcast to discuss the results from its second quarter fiscal 2024 today, November 1, 2023, at 4:30 p.m.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003323000045/0001600033-23-000045-index.htm
- Earnings Releases
  e.l.f. Beauty, Inc. reported three months ended September 30, 2023 results: revenue $215.5 million, net income $33.3 million, EPS $0.58.
  - Period: three months ended September 30, 2023
  - Revenue: $215.5 million
  - Net income: $33.3 million
  - EPS: $0.58
  - Result: reported results
  source text: Net sales increased 76% to $215.5 million, primarily driven by strength in both retailer and e-commerce channels.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003323000045/0001600033-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.