Why e.l.f. Beauty Shares Are In Free Fall Wednesday
e.l.f.e.l.f.(US:ELF) Benzinga·2025-11-05 22:29

Core Insights - e.l.f. Beauty reported second-quarter net sales of $343.9 million, a 14% increase year-over-year, but missed the Street consensus estimate of $366.43 million [2] - Adjusted earnings per share were 68 cents, surpassing the Street consensus estimate of 57 cents per share [3] - The company ended the quarter with $194.4 million in cash and cash equivalents and $831.6 million in long-term debt [3] Sales and Market Performance - The sales growth was attributed to both retailer and e-commerce channels, as well as contributions from U.S. and international markets [2] - The e.l.f. brand gained 140 basis points in market share, and the launch of rhode in Sephora North America was highlighted as a record-breaking event [4] Future Guidance - For fiscal year 2026, the company is guiding earnings per share in the range of $2.80 to $2.85, significantly lower than the Street consensus estimate of $3.58 [5] - Full fiscal year net sales guidance is set between $1.55 billion and $1.57 billion, below the Street consensus estimate of $1.669 billion [5] Stock Performance - Following the earnings report and guidance, e.l.f. Beauty shares fell 18.53% to $117.83 in after-hours trading, with a 52-week trading range of $49.40 to $150.99 [6]