e.l.f. Beauty, Inc. ( (ELF) ) has released its Q2 earnings. Here is a breakdown of the information e.l.f. Beauty, Inc. presented to its investors.
e.l.f. Beauty, Inc., a leading player in the beauty industry, is known for its innovative and inclusive approach, offering clean, vegan, and cruelty-free products through its brands such as e.l.f. Cosmetics and e.l.f. SKIN.
In its latest earnings report, e.l.f. Beauty announced a significant 40% increase in net sales for the second quarter of fiscal 2025, alongside notable gains in market share both domestically and internationally. The company also raised its fiscal 2025 outlook, indicating strong performance and growth expectations.
Key financial highlights include a 40% rise in net sales to $301.1 million, driven by robust performance in retail and e-commerce channels. The gross margin improved by 40 basis points to 71%, while adjusted net income reached $45 million. International sales saw a remarkable 91% growth, underscoring the company’s expanding global presence.
For the first half of fiscal 2025, e.l.f. Beauty experienced a 45% increase in net sales, with adjusted EBITDA up 9% year-over-year. The company maintained a healthy liquidity position with $96.8 million in cash and cash equivalents.
Looking forward, e.l.f. Beauty anticipates a 28-30% year-over-year increase in net sales for fiscal 2025, reflecting its confidence in continued growth. The company remains focused on leveraging its unique market advantages to sustain its trajectory in the beauty sector.
