e.l.f. Beauty To Gain From Bold Expansion Efforts Internationally - Analysts Weigh In
e.l.f.(ELF) Benzinga·2024-08-10 01:56
e.l.f. Beauty, Inc. ELF reported first-quarter results on Thursday. e.l.f. Beauty raised its fiscal year outlook to reflect an expected 25% – 27% year-over-year increase in net sales, as compared to an expected 20% – 22% increase previously. The company now sees full-year sales in a range of $1.28 billion to $1.3 billion. Analysts covering the multi-brand beauty company provided their takes: Stifel analyst Mark S. Astrachan reiterated a Hold rating on the company, with a price forecast of $161. Truist Secur ...