Cosmetics Leader Delivers Strong Sales Growth as Global Demand and Brand Momentum Continue to Accelerate
e.l.f. Beauty (ELF) delivered another standout quarter, reinforcing its position as one of the fastest-growing companies in the beauty industry. The company reported 36% year-over-year net sales growth to $479.4 million during the fiscal first quarter, marking its 30th consecutive quarter of revenue growth—more than seven straight years of consistent expansion.
Growth was fueled by strong demand across both retail and e-commerce channels in the United States and international markets. Chairman and CEO Tarang Amin credited the performance to the company’s disciplined execution, expanding brand portfolio, and continued ability to gain market share in the highly competitive cosmetics industry.
Profitability also improved significantly. Gross margin expanded to 83%, benefiting from tariff refunds, favorable pricing, and lower tariff costs. Adjusted EBITDA surged 93% year over year to $168.2 million, representing an impressive 35% of net sales. Meanwhile, adjusted earnings reached $1.75 per diluted share, highlighting the company’s ability to translate revenue growth into stronger bottom-line performance.
The recently acquired rhode brand also exceeded expectations, prompting a $16.1 million fair value adjustment tied to earnout provisions, reflecting stronger-than-anticipated revenue performance.
Buoyed by continued momentum, e.l.f. Beauty raised its fiscal 2027 outlook, now expecting 18% to 20% net sales growth, up from its previous forecast of 12% to 14%.
With expanding global demand, increasing profitability, and a portfolio of high-performing beauty brands, e.l.f. Beauty continues to strengthen its leadership position in the cosmetics sector. The improved outlook suggests management remains confident that its growth strategy will continue delivering industry-leading results throughout fiscal 2027.
