e.l.f. Beauty beats Q1 revenue estimates on retail, e-commerce strength; lifts 2027 FY guidance
ELF•Outlook
- e.l.f. Beauty raises fiscal 2027 net sales growth outlook to 18-20% from 12-14%
- Company now expects fiscal 2027 net sales of $1.94-1.97 bln
- e.l.f. Beauty sees fiscal 2027 adjusted diluted EPS of $3.50-3.55
Overview
- U.S. cosmetics maker's fiscal Q1 net sales rose 36%, beating analyst expectations
- Adjusted diluted EPS for Q1 rose sharply, beating analyst expectations
- Company raised fiscal 2027 net sales growth outlook to 18-20% from 12-14%
Result drivers
- Channel growth - Co said net sales growth was driven by strong performance in both retailer and e-commerce channels, in the U.S. and internationally
- Gross margin boost - Gross margin rose sharply, mainly due to IEEPA tariff refunds and benefits from pricing and lower year-over-year tariff rates
- rhode acquisition impact - Fair value adjustment for contingent consideration rose due to rhode's revenue outperformance relative to earnout thresholds
