Company News, Financial News

ELF Beauty Achieves Top-Performing Status On New York Stock Exchange

In the last five years, the company’s stock price has increased over 1,500%.

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By: Lianna Albrizio

Associate Editor

ELF Beauty CEO Tarang Amin rung the opening bell at the New York Stock Exchange (NYSE) on March 18 in celebration of 20 years in business. 
 
He was joined by the company’s board of directors and executive team.
 
In the last five years, the company’s stock price has increased over 1,500%, making it among the best-performing stock on the NYSE during that period.
 
“ELF’s ethos is to be a bold disruptor with a kind heart,” said Amin. “We believe that when you combine value with values, we are able to best serve our community and give them what they have come to expect from ELF Beauty.”
 
The company has committed to donate at least 2% of profits to initiatives that support change for the greater good. Last year the company exceeded its target and distributed more than 3% of profits to like-minded nonprofit organizations. This dedication sets ELF apart in its passion for its community and is also reflective in its products that are cruelty free, clean, vegan and Fair Trade Certified, the brand said.
 
“Positivity, inclusivity and accessibility set the foundation for everything we do,” Amin said. “One of our differentiators is our relationship with our community. We understand the importance our community places on social impact, encouraging us to set the benchmark not just in beauty, but also on a bigger stage as a publicly traded company.”
 

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