From Zacks Investment Research: 2025-02-18 07:16:11

e.l.f. Beauty recently warned about slowing sales in January 2025, causing shares to drop. Despite sales rising 31% to $355.3 million in the fiscal third quarter of 2025, earnings missed estimates at $0.74 compared to $0.76. The company’s gross margin increased to 71%, but CEO Tarang Amin noted softer trends in January, leading to lowered guidance for the fourth quarter and full year. Analysts have cut estimates for fiscal 2025 and 2026, causing shares to slide 54% in the last year. With a forward P/E of 21.9, investors may want to wait for improved sales outlook before investing.



Read more at Zacks Investment Research: Bear of the Day: e.l.f. Beauty (ELF) – February 18, 2025