--- schema_version: "secwatch.filing_event.v1" accession: "0001600033-24-000005" form_type: "8-K" ticker: "ELF" cik: "0001600033" company_name: "e.l.f. Beauty, Inc." filed_at: "2024-02-06T23:59:59+00:00" generated_at: "2026-06-06T08:08:24.299747+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 Q3 net sales +85% to $270.9M; raises FY2024 outlook ## Summary - Q3 net sales $270.9M (+85% YoY); gross margin 71% (+350 bps). - GAAP diluted EPS $0.46; adjusted diluted EPS $0.74. - Raised FY2024 outlook: net sales $980-990M (prev $896-906M), adj. EPS $2.84-2.87. - Naturium acquisition for $333M closed Oct 2023 contributed to growth. - 20th consecutive quarter of growth; cosmetics market share +305 bps. ## SEC filing metadata - accession: 0001600033-24-000005 - form_type: 8-K - ticker: ELF - cik: 0001600033 - company_name: e.l.f. Beauty, Inc. - filed_at: 2024-02-06T23:59:59+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/1600033/000160003324000005/0001600033-24-000005-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600033/000160003324000005/elf-20240206.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001600033-24-000005 - JSON: https://secwatch.observer/filing/0001600033-24-000005.json - Plain text: https://secwatch.observer/filing/0001600033-24-000005.txt ## Key facts - Earnings Releases e.l.f. Beauty, Inc. reported Nine months ended December 31, 2023 results: net income Adjusted net income was $152.9 million, EPS Adjusted diluted earnings per share were $2.66. - Period: Nine months ended December 31, 2023 - Net income: Adjusted net income was $152.9 million - EPS: Adjusted diluted earnings per share were $2.66 - Result: reported results source text: Nine Months Ended December 31, 2023 Results For the nine months ended December 31, 2023, compared to the nine months ended December 31, 2022: • Net sales increased 80% to $702.8 million, primarily driven by strength in both retailer and e-commerce channels. evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003324000005/0001600033-24-000005-index.htm - Earnings Releases e.l.f. Beauty, Inc. reported Nine months ended December 31, 2023 results: net income Adjusted net income was $152.9 million, EPS Adjusted diluted earnings per share were $2.66. - Period: Nine months ended December 31, 2023 - Net income: Adjusted net income was $152.9 million - EPS: Adjusted diluted earnings per share were $2.66 - Result: reported results source text: Adjusted net income was $152.9 million. • Diluted earnings per share were $1.97 on a GAAP basis. evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003324000005/0001600033-24-000005-index.htm - Earnings Releases e.l.f. Beauty, Inc. reported Three months ended December 31, 2023 results: net income Adjusted net income (net income excluding the items identified in the reconciliation table below) was $42.9 million, EPS Adjusted diluted earnings per share (diluted earnings per share calculated with adjusted net income excluding the items. - Period: Three months ended December 31, 2023 - Net income: Adjusted net income (net income excluding the items identified in the reconciliation table below) was $42.9 million - EPS: Adjusted diluted earnings per share (diluted earnings per share calculated with adjusted net income excluding the items - Result: reported results source text: proud of our team and the progress we continue to make across color cosmetics, skin care and internationally.” Three Months Ended December 31, 2023 Results For the three months ended December 31, 2023 , compared to the three months ended December 31, 2022: • Net sales increased 85% to $270.9 million, primarily driven by strength in both retailer and e-commerce channels. evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003324000005/0001600033-24-000005-index.htm - Earnings Releases e.l.f. Beauty, Inc. reported Three months ended December 31, 2023 results: net income Adjusted net income (net income excluding the items identified in the reconciliation table below) was $42.9 million, EPS Adjusted diluted earnings per share (diluted earnings per share calculated with adjusted net income excluding the items. - Period: Three months ended December 31, 2023 - Net income: Adjusted net income (net income excluding the items identified in the reconciliation table below) was $42.9 million - EPS: Adjusted diluted earnings per share (diluted earnings per share calculated with adjusted net income excluding the items - Result: reported results source text: Adjusted net income (net income excluding the items identified in the reconciliation table below) was $42.9 million evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003324000005/0001600033-24-000005-index.htm - Earnings Releases e.l.f. Beauty, Inc. reported Fiscal 2024 results: revenue Net sales $980-990 million, net income Adjusted net income $164-166 million, EPS Adjusted diluted earnings per share $2.84-2.87. Guidance raised. - Period: Fiscal 2024 - Revenue: Net sales $980-990 million - Net income: Adjusted net income $164-166 million - EPS: Adjusted diluted earnings per share $2.84-2.87 - Guidance: raised - Result: guidance update source text: Net sales $980-990 million $896-906 million Adjusted EBITDA $218-220 million $197-200 million Adjusted effective tax rate 14 % 17-18% Adjusted net income $164-166 million $144-146 million Adjusted diluted earnings per share $2.84-2.87 $2.47-2.50 evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000160003324000005/0001600033-24-000005-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.