Charles Sternberg, Assistant Editor02.04.21
e.l.f. Beauty has shared results for the three and nine months ended December 31, 2020.
Net sales increased 10%, or $7.8 million, to $88.6 million, as compared to $80.8 million in the three months ended December 31, 2019. The increase was driven by strength in e-commerce, international and national retailers.
Net sales increased 8%, or $17.3 million, to $225.4 million, as compared to $208.1 million in the nine months ended December 31, 2019. The increase was driven by strength in e-commerce, international and national retailers.
“I’m proud of the e.l.f. Beauty team for delivering eight consecutive quarters of net sales growth. Our brand building efforts and digital focus fueled our growth before and during the pandemic, and we believe position us well for the future,” commented Tarang Amin, e.l.f. Beauty's chairman and chief executive officer.
The company updated its outlook for fiscal 2021 to reflect an expected 7-9% increase in net sales in fiscal 2021, as compared to 5-7% previously.
Net sales increased 10%, or $7.8 million, to $88.6 million, as compared to $80.8 million in the three months ended December 31, 2019. The increase was driven by strength in e-commerce, international and national retailers.
Net sales increased 8%, or $17.3 million, to $225.4 million, as compared to $208.1 million in the nine months ended December 31, 2019. The increase was driven by strength in e-commerce, international and national retailers.
“I’m proud of the e.l.f. Beauty team for delivering eight consecutive quarters of net sales growth. Our brand building efforts and digital focus fueled our growth before and during the pandemic, and we believe position us well for the future,” commented Tarang Amin, e.l.f. Beauty's chairman and chief executive officer.
The company updated its outlook for fiscal 2021 to reflect an expected 7-9% increase in net sales in fiscal 2021, as compared to 5-7% previously.