E.l.f. Beauty, Inc. Provides Earnings Guidance for the Fiscal Year 2023
May 25, 2022 at 04:05 pm EDT
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e.l.f. Beauty, Inc. provided earnings guidance for the fiscal year 2023. For the year, When compared to fiscal 2022, the company expects 10% to 12% increase in net sales. Net sales expects to be in the range of $432 million to $440 million.
e.l.f. Beauty, Inc. is a multi-brand beauty company. The Company offers inclusive, accessible, clean, vegan, and cruelty-free cosmetics and skincare products. The Company's family of brands includes e.l.f. Cosmetics, e.l.f. SKIN, Naturium, Well People and Keys Soulcare. Its e.l.f. SKIN is an ingredient-focused, dermatologist-developed formula for every eye, lip, face and skin concern. The Company operates across beauty categories including eye, lip, and face makeup, beauty tools and accessories, and skincare products. Its color cosmetics and skin care products are broadly sold through food, drug, and mass channels, as well as through department stores and direct and specialty channels. The Company's brands are available online and across beauty, mass market and specialty retailers in the United States and internationally. The Company sell its products online through its own direct e-commerce channels, as well as through other e-commerce Websites.