E.l.f. Beauty ‘s latest financial results smashed Wall Street estimates, as demand for its low-priced cosmetic products remained strong.
The company also raised revenue guidance for fiscal 2024, which ends in March. E.l.f. now expects full-year revenue between $869 million and $906 million, ahead of its previous range of $792 million to $802 million. E.l.f. sells makeup and skincare products at lower prices than many other cosmetics companies, and is popular with lower-income, younger shoppers that discover most of the company’s products through social media. For instance, E.l.f. recently released new lip oils that retail for $8. A lip oil serum from prestige competitor Estée Lauder is priced at $36.
When asked what sets e.l.f. apart from prestige, international competitors, Field highlighted e.l.f.’s approach.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
AB InBev earnings climb but Bud Light backlash still weighs on North American salesAnheuser-Busch Inbev says that revenue growth in most of its global regions was offset by a drop in North American sales. It's a sign of continuing fallout from a promotion with a transgender influencer that cost it sales. The world’s largest brewer and parent company of Bud Light said Tuesday that adjusted earnings for the latest quarter rose 4.
Fuente: AP - 🏆 728. / 51 Leer más »
AB InBev earnings climb but Bud Light backlash still weighs on North American salesAnheuser-Busch Inbev says that revenue growth in most of its global regions was offset by a drop in North American sales.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »
AB InBev earnings climb but Bud Light backlash still weighs on North American salesAnheuser-Busch Inbev says that revenue growth in most of its global regions was offset by a drop in North American sales.
Fuente: ksatnews - 🏆 442. / 53 Leer más »
Qualcomm beats expectations for earnings and sales, gives strong forecast for current quarterAt the midpoint of Qualcomm’s guidance, revenue will grow slightly during the current quarter compared to last year.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »
Qualcomm beats expectations for earnings and sales, gives strong forecast for current quarterAt the midpoint of Qualcomm’s guidance, revenue will grow slightly during the current quarter compared to last year.
Fuente: NBCPhiladelphia - 🏆 569. / 51 Leer más »
DuPont Beats Earnings Estimates. The Stock Is Down. It's The Guidance.Materials and chemicals firm DuPont announced strong third-quarter earnings, but sliced down sales guidance.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »