e.l.f. Beauty, Inc. (ELF) Affirms 2017 Outlook

e.l.f. Beauty (NYSE: ELF) today reconfirmed its fiscal year 2017 outlook and adjusted its fiscal 2016 – 2019 growth algorithm ahead of its presentation at the 20th Annual ICR Conference.

Fiscal 2017 Outlook

For the fiscal year 2017, the Company reconfirmed the following outlook:

The Company noted that it has not completed its year-end close or the annual independent audit and as such, the outlook presented in this press release may change. In addition, while the Company is reconfirming its fiscal year 2017 outlook and may choose to provide interim updates in the future, investors should not expect the Company to provide interim quarterly updates of outlook information in advance of scheduled quarterly earnings announcement dates.

2016-2019 Growth Algorithm

Reflecting current category trends, the Company noted that it is updating the compound annual growth rates included in its growth algorithm. The Company now expects a compound annual net sales and Adjusted EBITDA growth rate of 10-15% from fiscal 2016 to 2019.

ICR Conference

As previously announced, the Company will present at the 20th Annual ICR Conference in Orlando, Florida. The Company’s presentation will be held, tomorrow, Tuesday, January 9, 2018 at 10:30 a.m. Eastern Time. A live audio webcast of the presentation can be accessed at: http://investor.elfcosmetics.com/ and a replay will remain available for 90 days.

You May Also Be Interested In

• Gilead Sciences (GILD) Misses Q1 EPS by 288c
• COPT Defense Properties (CDP) Reports In-Line Q1 EPS; offers guidance
• Robert Half International (RHI) Reports In-Line Q1 EPS