E.l.f. Beauty posts first $1 billion year, buts shares fall on weaker than expected guidance

E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked by 77% but the retailer's shares fell as it said it expects its growth to slow. The eyes, lip, face company, known for its viral marketing and prowess in winning over younger consumers issued guidance that came in lower than analysts had forecast. Here's how E.l.f. Beauty did in its fourth fiscal quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: The company reported net income fo ...