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via cnbc.comBusiness & Companies

E.l.f. Beauty: net sales up 51% to $520.8 million, full-year guidance raised

FROM THE WIRE · CNBC.COM

E.l.f. Beauty posted stronger-than-expected quarterly results on Wednesday as CEO Tarang Amin told CNBC the company continues to see broad-based growth across its portfolio. The company said its net sales grew 51% for the quarter, reaching $520.8 million.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong growth and a higher full-year outlook are positive for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net sales grew 51% in the quarter, reaching $520.8 million.
  2. 02CEO Tarang Amin says growth is broad-based across the portfolio.
  3. 03Quarterly results were stronger than expected.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
e.l.f. Beauty, Inc.ELFStock113.63 USDMarket closedtoday +1.91%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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