E.l.f. Beauty Stock Soars on Stronger-Than-Expected Earnings, Outlook
e.l.f.(ELF) Investopedia·2024-11-08 02:49
Key TakeawaysE.l.f. Beauty posted stronger-than-expected earnings as it added market share in the U.S. and boosted international sales.The cosmetics retailer also raised its full-year profit and sales outlook.Shares surged Thursday following the release, though even with Thursday's gains, they remained lower for the year. E.l.f. Beauty (ELF) shares soared Thursday after the cosmetics retailer blew past earnings estimates and raised its outlook on booming sales. The company reported second-quarter fiscal 202 ...