---
schema_version: "secwatch.filing_event.v1"
accession: "0001600033-25-000013"
form_type: "8-K"
ticker: "ELF"
cik: "0001600033"
company_name: "e.l.f. Beauty, Inc."
filed_at: "2025-05-28T23:59:59+00:00"
generated_at: "2026-05-20T08:09:25.897940+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# e.l.f. Beauty to acquire rhode for $1B; Q4 net sales +4% to $332.6M

## Summary
- Acquire rhode for $800M at closing ($600M cash + $200M stock) plus up to $200M earnout; ~3.8x LTM net sales of $212M.
- Deal expected to close in Q2 FY2026; Hailey Bieber remains as Chief Creative Officer; lock-up on 60% of stock for one year.
- Q4 FY2025 net sales $332.6M (+4% YoY); GAAP EPS $0.49; adjusted EPS $0.78.
- Full year net sales $1.31B (+28% YoY); GAAP EPS $1.92; adjusted EPS $3.39; adjusted EBITDA $296.8M (+26%).
- No FY2026 guidance provided due to tariff uncertainty; $600M debt financing committed for acquisition.

## SEC filing metadata
- accession: 0001600033-25-000013
- form_type: 8-K
- ticker: ELF
- cik: 0001600033
- company_name: e.l.f. Beauty, Inc.
- filed_at: 2025-05-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600033/000160003325000013/0001600033-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600033/000160003325000013/elf-20250528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001600033-25-000013
- JSON: https://secwatch.observer/filing/0001600033-25-000013.json
- Plain text: https://secwatch.observer/filing/0001600033-25-000013.txt

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