Overview
- Net sales rose 14% to $343.9 million for the quarter ended Sept. 30, falling short of the roughly $366 million analysts expected.
- E.l.f. guided full‑year fiscal 2026 revenue to $1.55–$1.57 billion (18%–20% growth) and adjusted EPS to $2.80–$2.85, both below consensus.
- Shares dropped about 19% in after‑hours trading following the results and outlook.
- The company expects more than $50 million in tariff costs this year, reported a 165‑basis‑point gross‑margin decline to 69%, and raised prices by $1 in August with no further increases planned.
- Rhode is forecast to add about $200 million to fiscal‑year sales and roughly $300 million on an annualized basis after a record Sephora North America launch, with a UK debut slated for Nov. 10.