Skip to playerSkip to main content
  • 1 week ago
e.l.f. Beauty shares rose as Rhode Beauty prepared to launch through Sephora in 19 European countries following another quarter of strong sales growth.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elf Beauty shares rose Monday as investors reacted to the European retail expansion of
00:07its Rode Beauty brand, according to Benzinga. Rode will launch exclusively with Sephora
00:13across 19 European countries starting September 30th. The expansion follows strong first quarter
00:20fiscal 2027 results reported August 5th. Net sales rose 36% year-over-year to 479.4%
00:29million, marking the company's 30th consecutive quarter of sales growth. Adjusted diluted earnings
00:36reached $1.75 per share. CEO Tarang Amon said the company continues to gain global market share
00:45across mass cosmetics and skincare. Shares were up 4.69% at $109.05 Monday afternoon,
00:53according to Benzinga Pro. For all things money, visit benzinga.com.
Comments

Recommended