e.l.f. Beauty Q2 net sales jump 51%, surpassing estimates on strong retailer, e-commerce channels
ELF•e.l.f. Beauty’s fiscal second-quarter net sales rose 51% to $520.82 million, above the $470.30 million consensus estimate. The company raised its fiscal 2027 net sales growth outlook to 22%-24% from 18%-20%.
1. Sales and outlook
e.l.f. Beauty reported fiscal second-quarter net sales of $520.82 million, up 51% year over year and above analyst expectations. Adjusted diluted EPS increased year over year. The company raised its fiscal 2027 net sales growth outlook to 22%-24% from 18%-20%, and expects net sales of $2.00 billion to $2.03 billion and adjusted diluted EPS of $3.82 to $3.86.
2. Growth drivers
The company said sales growth reflected strong performance in retailer and e-commerce channels in the United States and internationally. Gross margin rose due to lower tariffs, favorable product mix and tariff refunds, partly offset by price investments.
