E.l.f. Beauty, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2022
August 03, 2022 at 04:05 pm EDT
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e.l.f. Beauty, Inc. reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was USD 122.6 million compared to USD 97.05 million a year ago. Net income was USD 14.47 million compared to USD 8.28 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.15 a year ago.
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 offers a range of products that are vegan and cruelty-free. The Company's brands include e.l.f. Cosmetics, e.l.f. SKIN, Well People, and Keys Soulcare. 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.