E.l.f. Beauty (ELF) earnings Q1 2026
Elf Beauty’s Since the new tariffs in Chinese imports began to affect the profitability of the cosmetics company, the snow fell 30% in the first quarter of the snow.
Within three months that ended on June 30, the net income of the ELF fell from $ 30% to $ 47.6 million before the previous year and fell to 33.3 million dollars. The company, which originates from China, about 75% of its products, refused to provide a full -year income guide by referring to “a wide variety of potential results” on new tasks.
Instead, the company only guided for the first half of the financial year. ELF, sales growth expects to be over 9% in the first half of the year, and interest, taxes, depreciation and depreciation or EBITDA, margins, in the first half of the previous financial year, compared to 23% expected to be 20%, he said.
“We are working in a very variable macro environment, obviously there is a major uncertainty on tariffs, so we didn’t think it makes sense to guide guidance until you have more resolution about how the tariff picture looks.” He continued: “The uncertainty that makes the work around the tariffs difficult.”
The company has already increased prices to balance tariff costs and is trying to expand its business outside the United States and diversify the supply chain.
“We are lower than 55% of tariffs on goods from China, and we planned it against it.” He said. “So I just expect the other shoe to fall to see OK, where are they really settling? I never thought I was happy to see 55% tariffs, but much better than 170%, so we will be at a better point when we have this decision.”
Beyond the profit, ELF defeated expectations in the upper and lower lines.
Based on a questionnaire of LSEG’s analysts, the cosmetic company performed as follows compared to what Wall Street was waiting:
- Earning per share: 89 cents set and 84 cents are expected
- Revenues: 354 million dollars and expected $ 350 million
The company’s net income for the three -month period, which ended on June 30, was $ 33.3 million per share or 58 cents per share compared to $ 47.6 million or 81 cents per share a year ago. Except for one -time items related to stock -based compensation and other non -repeating wages, ELF saw 89 cents per share of 51.3 million dollars of corrected net income or share.
Sales rose to $ 354 million and increased by 9% of $ 324 million compared to the previous year. This points to the second quarter in a row that income growth slows down as a single -digit, which is a pattern that the company has not seen since 2020.
In the last four years, the sales of ELF has constantly grew in high -double households, but after a few years of great growth, the beauty category in general began to slow down as it cool down.
Amin said that growth is expected to heal in the current quarter. The authority said that 9% sales growth of the quarter was above 50% growth in the previous year’s previous year, but that the category-and consumer expenditures are the state of the state.
“Sometimes people forget how much we grow up,” Amin said. “The category, the consumer’s situation is still difficult. Tariffs, inflation there is a lot of uncertainty.”
While the financial first quarter is slower than the past, Amin said that Nielsen data still got the market share and performed better in the general category.
An important aspect of the growth of the company comes from the launch of Buzzy product, which is usually the “dups” of higher -priced prestige products. He recently launched his bright symbol of C + E Ferulic Serum, which was thought to get inspired by a similar product from Skincuticals, which was sold for $ 185.
He also released a new sunscreen and closed Hailey Bieber’s beauty brand Rhode, which will be released in all Sephora stores in the United States and Canada in September. Rhode’s influence on ELF’s sales and especially the launch in Sephora, the results will not be seen until the end of this year.
