Earnings PerformanceELF reported FQ4 adjusted EPS of $0.53, which again beat Street estimate of $0.32 by a wide margin.
Market ShareOn a dollar share basis, ELF achieved the #2 rank in mass cosmetics for the first time, surpassing L’Oréal Paris, ending FQ4 with market share of 12.8%.
Sales GrowthCurrent tracked sales data look great, untracked channel sales have been growing at triple-digit rates, and ELF is still awaiting the boost from major shelf space additions planned for this summer.