Elf Beauty rises after lifting annual forecasts as demand surges

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