E.l.f. Beauty's more upbeat outlook shows demand for cosmetics is still growing

Core Viewpoint - E.l.f. Beauty's shares increased after the company raised its full-year sales and earnings outlook due to ongoing consumer demand for affordable cosmetics [1] Group 1: Financial Outlook - E.l.f. Beauty now expects full-year sales to be between $1.6 billion and $1.612 billion, an increase from the previous forecast of $1.55 billion to $1.57 billion [1] - The company anticipates adjusted earnings per share to range from $3.05 to $3.10, up from the earlier estimate of $2.80 to $2.85 per share [1]