e.l.f. Beauty, Inc. (ELF) Tops Q1 EPS by 2c

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e.l.f. Beauty Announces First Quarter 2018 Results

May 9, 2018 4:05 PM EDT

Delivers 9% net sales growth over Q1 2017

OAKLAND, Calif.--(BUSINESS WIRE)-- e.l.f. Beauty (NYSE: ELF) today announced results for the three-month period ended March 31, 2018.

We are pleased with our start to 2018 with a 9% increase in net sales, stated Tarang Amin, Chairman and Chief Executive Officer. "Highlights for the quarter included our full-chain rollout at Ulta Beauty, our most successful Beautyscape influencer program and product collaborations to date, and expanding our operations advantage to our first U.S. manufacturing partner.

Three months ended March 31, 2018 results

Net sales increased 9%, or... More