Why e.l.f. Beauty Stock Made a Big Move Higher Today

The company just capped off a year of record growth. Shares of cosmetics company e.l.f. Beauty (ELF 20.31%) made a big move higher on Thursday after the company reported financial results for its fiscal fourth quarter of 2024. As of 10 a.m. ET, e.l.f Beauty stock was up a strong 14%. Mastering market-share growth In its fiscal 2024 (ending in March), e.l.f Beauty generated net sales of over $1 billion, which represents remarkable 77% year-over-year growth. The company appears to have mastered the art of usi ...