e.l.f. Beauty, Inc. (NYSE:ELF) is one of the Best FMCG Stocks to Invest In According to Analysts. On February 4, the company announced results for the 3 and 9 months ended December 31, 2025, with quarterly net sales rising 38% to reach $489.5 million, mainly because of growth in retailer and e-commerce channels in the US and internationally. e.l.f. Beauty (ELF) Announces Results for 3 and 9 Months ended December 31, 2025 Furthermore, e.l.f. Beauty, Inc. (NYSE:ELF)’s quarterly gross margin declined by ~30 ...

TD Cowen analyst Oliver Chen lowered the firm’s price target on Elf Beauty (ELF) to $100 from $110 and keeps a Buy rating on the shares. The firm updated its estimates following Q3 results and see a 2H reset as core growth normalizes to LSD%, which may keep shares range-bound near term. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on ELF: Disclaimer & DisclosureReport an Issue ...

[Table_Title] 研究报告 Research Report 8 Feb 2026 e.l.f. Beauty e.l.f. Beauty (ELF US) FY26Q3 业绩增长依赖收购支撑，核心业务增速放缓，指引上调主要来自 Rhode 贡献 FY26Q3 Performance Relies on Acquisition Support; Core Business Growth Slows; Guidance Upgrade Primarily Driven by Rhode Contribution 寇媛媛 Yuanyuan Kou 吴颖婕 Mindy Wu yy.kou@htisec.com mindy.yj.wu@htisec.com [Table_yemei1] 热点速评 Flash Analysis (Please see [Table_summary] APPENDIX 1 for English summary) 事件：e.l.f. Beauty 发布 2026 财年第三季度（2025 年 10 月 - 12 月）业绩报告并举行业绩说明会。 e.l.f. Beauty 于 FY2 ...

[Table_Title] 研究报告 Research Report 8 Feb 2026 e.l.f. Beauty e.l.f. Beauty (ELF US) FY26Q3 业绩增长依赖收购支撑，核心业务增速放缓，指引上调主要来自 Rhode 贡献 FY26Q3 Performance Relies on Acquisition Support; Core Business Growth Slows; Guidance Upgrade Primarily Driven by Rhode Contribution 寇媛媛 Yuanyuan Kou 吴颖婕 Mindy Wu yy.kou@htisec.com mindy.yj.wu@htisec.com [Table_yemei1] 热点速评 Flash Analysis (Please see [Table_summary] APPENDIX 1 for English summary) 事件：e.l.f. Beauty 发布 2026 财年第三季度（2025 年 10 月 - 12 月）业绩报告并举行业绩说明会。 e.l.f. Beauty 于 FY2 ...

Core Viewpoint - E.l.f. Beauty's stock experienced a significant reversal despite strong fiscal Q3 results, presenting a potential buying opportunity for investors [1]. Financial Performance - E.l.f. Beauty reported a 38% year-over-year increase in sales for fiscal Q3, reaching $489.5 million, surpassing the analyst consensus of $460 million [3]. - Adjusted earnings per share (EPS) rose 68% from $0.74 to $1.24, exceeding the analyst consensus of $0.72 [3]. - Adjusted EBITDA increased by 79% to $123 million [3]. Market Position and Growth - The company achieved a gross margin of 65.91% and organic growth, excluding the acquisition of Rhode, was 2% [5]. - Total consumption grew by 6%, with an 8% increase in the U.S. market [5]. - E.l.f.'s namesake brand gained 130 basis points in market share within the mass cosmetics sector during the quarter [5]. Revenue Breakdown - U.S. revenue increased by 36%, while international revenue rose by 44%, although weak consumption was noted in the U.K. [6]. - Rhode contributed $128 million in revenue for the quarter, aided by its launch at Sephora [5]. Future Outlook - E.l.f. raised its full-year fiscal 2026 guidance, now expecting sales growth of 22% to 33%, up from a previous estimate of 18% to 20% [6]. - Updated fiscal 2025 outlook includes net sales of $1.6 billion to $1.612 billion, adjusted EBITDA of $323 million to $326 million, and adjusted EPS of $3.05 to $3.10 [7]. Expansion Plans - The company plans to launch Rhode in Australia and New Zealand and introduce its Naturium brand into Walmart in the U.S. this spring [8]. - E.l.f. will also increase shelf space for its brand at Ulta Beauty and launch at DM in Germany [8]. Investment Consideration - E.l.f. is currently trading at a forward price-to-earnings ratio of 22 and a price/earnings-to-growth (PEG) ratio of 0.4, indicating it may be undervalued [10].

Core Viewpoint - The nostalgia for 2016 among Gen Z is expected to drive a new boom cycle in the beauty industry, particularly benefiting companies like e.l.f. Beauty and Ulta Beauty [1] Group 1: Industry Trends - Gen Z's current social media trend involves sharing photos from 2016, indicating a longing for that era when social media was less commercialized [1] - The year 2016 is identified as a peak time for bold makeup styles, which contrasts with the subsequent trend of "no-makeup makeup" [1] Group 2: Company Impact - Companies such as e.l.f. Beauty and Ulta Beauty are positioned to benefit from this nostalgia-driven trend, potentially leading to increased sales and market interest [1] - The anticipated "supercycle" in beauty products, especially makeup, suggests a significant opportunity for growth for these companies [1]

Core Insights - The market perception of e.l.f. Beauty has shifted from viewing it as a strong growth story to a more cautious stance [1] Company Analysis - e.l.f. Beauty was previously considered a company with a compelling growth narrative, indicating strong potential in the beauty industry [1]

Financial Performance - Net sales increased by $134.2 million, or 38%, to $489.5 million for the three months ended December 31, 2025, compared to $355.3 million for the same period in 2024, driven by the rhode acquisition and growth in both e-commerce and retailer channels [115]. - Gross profit rose by $94.2 million, or 37%, to $347.5 million for the three months ended December 31, 2025, with a gross margin of 71%, slightly down from 71.3% in the previous year due to tariffs [116]. - Net income for the three months ended December 31, 2025, was $39.4 million, representing an increase from $17.3 million in the same period of 2024, with an effective tax rate of 26.9% [120]. - For the nine months ended December 31, 2025, net sales increased by $206.3 million, or 21%, to $1,187.2 million, with the rhode acquisition contributing $180.6 million to this growth [121]. Expenses - Selling, general and administrative (SG&A) expenses increased by $61.7 million, or 28%, to $280.0 million for the three months ended December 31, 2025, primarily due to higher marketing and compensation costs [117]. - SG&A expenses for the nine months ended December 31, 2025, were $706.9 million, an increase of $122.0 million, or 21%, from the previous year, driven by marketing and distribution costs [125]. Acquisition - The rhode acquisition on August 5, 2025, was completed for a purchase price of $897.5 million, funded through a combination of cash, equity, and potential earnout [110]. - Net cash used in investing activities for the nine months ended December 31, 2025, was $603.0 million, primarily related to the rhode Acquisition and capital expenditures [137]. Cash and Liquidity - As of December 31, 2025, the company had $196.8 million in cash and cash equivalents, along with a borrowing capacity of $243.3 million under its Amended Revolving Credit Facility [129]. - The unused balance of the Amended Revolving Credit Facility as of December 31, 2025, was $243.3 million [132][149]. - The company anticipates funding ongoing cash needs from existing cash, cash generated from operations, and if necessary, draws on the Amended Revolving Credit Facility [130]. - The company expects to meet its planned operating, investing, and financing needs for the next twelve months through operating cash flow and available financing [132]. Interest and Debt - Interest expense, net increased to $12.4 million for the three months ended December 31, 2025, compared to $3.5 million in the same period of 2024, largely due to increased debt from the Fifth Amendment to the Amended Credit Agreement [119]. - The interest rate for the Term Facility as of December 31, 2025, was approximately 5.9%, while the interest rate for the Revolving Credit Facility was approximately 5.8% [149]. Operational Strategy - The company raised prices globally for all products sold as of August 1, 2025, to mitigate risks associated with ongoing tariff exposure [108]. - The company has made significant investments in infrastructure, digital capabilities, and expansion to new retailer locations [130]. - The Fourth Amendment to the Amended Credit Agreement established a revolving credit facility of $500.0 million, available for working capital and acquisitions [144]. Working Capital - As of December 31, 2025, working capital, excluding cash and cash equivalents, was $250.5 million, an increase from $214.8 million as of March 31, 2025 [131]. - For the nine months ended December 31, 2025, net cash provided by operating activities was $110.1 million, compared to a net cash used of $2.3 million for the same period in 2024 [134][136]. - Net cash provided by financing activities for the nine months ended December 31, 2025, was $540.9 million, mainly driven by proceeds from the Fifth Amendment establishing the Term Facility [138].

Hailey Bieber is currently the million-dollar tailwind in e.l.f. Beauty's (ELF) sails — and CEO Tarang Amin is betting that's strong enough to blow away Wall Street's skepticism. "I've never seen a brand that's gone from 0 to 212 million in net sales in less than three years," Amin told Yahoo Finance's Opening Bid, referring to the company's recent acquisition of Bieber's skin care line, Rhode. Consumers are "willing to wait for one of their [Rhode's] pop events 14 hours overnight," Amin said, noting t ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...