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Elf Beauty gains as strong Q3 prompts outlook boost

ReutersFeb 5, 2026 9:34 AM

Shares of Elf Beauty ELF.N rise 8.2% to $91.62 in premarket trading

Co lifted its annual profit and sales outlook after beating Q3 estimates, driven by steady demand for its low-cost cosmetics

Brokerage Canaccord Genuity believes ELF’s brands continue to grow faster than the industry, driving market‑share gains, and sees significant white‑space opportunities across the portfolio that could fuel further expansion

Co sees FY net sales of $1.60 billion to $1.61 billion, up from its earlier forecast of $1.55 billion to $1.57 billion

Raised adjusted earnings outlook to $3.05–$3.10 per share from $2.80–$2.85

Co Q3 sales rose 38% to $489.5 million, beating analysts’ estimate of $460.2 million

12 of 16 brokerages rate the stock "buy" or higher, 4 "hold"; their median PT is $115 - data compiled by LSEG

Stock down 39.43% in 2025

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