E.l.f. raises guidance after posting 40% sales gain

E.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 20% in after-hours trading.The cosmetics retailer's earnings came in well ahead of expectations on the top and bottom lines and it now expects sales to be between $1.32 billion and$1.34 billion during fiscal 2025, ahead of the $1.30 billion analysts had expected, according to LSEG. Here's how E.l.f. did in its second fiscal quarter compared with what Wall Street was anticipating, ...