e.l.f. Beauty Announces First Quarter Fiscal 2021 Results

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e.l.f. Beauty, Inc. (ELF) Misses Q1 EPS by 1c

August 5, 2020 4:24 PM EDT

e.l.f. Beauty, Inc. (NYSE: ELF) reported Q1 EPS of $0.03, $0.01 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $64.5 million versus the consensus estimate of $53.68 million.

We are proud of the e.l.f. team for delivering strong results and navigating category headwinds during these unprecedented times, said Tarang Amin, e.l.f. Beauty's Chairman and Chief Executive Officer. This is our sixth consecutive quarter of net sales growth, up 8% in Q1 versus last year. We also expanded gross margin to 67%, up... More