Elf Beauty rises after lifting annual forecasts as demand surges

e.l.f. Beauty

04/02/2026 21:10

** Shares of makeup company Elf Beauty ELF.N up 12% at $93.69 after the bell

** Co raises annual sales and profit forecast on stronger demand amid rising economic uncertainty

** Expects annual sales in the range of $1.60 billion to $1.61 billion, up from its prior forecast of $1.55 billion to $1.57 billion

** Sees annual adjusted EPS between $3.05 and $3.10, up from prior forecast of $2.80 to $2.85

** Posts Q3 revenue rise of 38% at $489.5 million, beating analysts' estimate of $460.2 million  — data compiled by LSEG

** Quarterly adjusted EPS of $1.24 vs estimate of 72 cents

** Stock fell 39.4% in 2025

(Reporting by Koyena Das in Bengaluru)

((koyena.das@thomsonreuters.com))