E.l.f. Beauty Surpasses $1 Billion in Sales, But Shares Dip as E.l.f. Beauty's 2025 Outlook Falls Short of Wall Street's Predictions from inf industries Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ Duration: 0:31 👁 View: 765K times ✓ Published: 24-May-2024
Description: E.l.f. Beauty posted sales of over $1 billion for its fiscal year 2024, up 77% from the previous year and marking its first billion-dollar year. The cosmetic company beat analyst estimates with revenue up 71% year-over-year, but shares fell as its guidance for 2025 came in below Wall Street expectations. Ulta Beauty's CEO recently warned the broader beauty industry was seeing demand slow earlier and more than expected. E.l.f. Beauty CEO said the company is still in the \