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0 -0.000760456273764242 0 0.00152091254752848 0.00359695817490494 0 -0.000760456273764242 -0.00342205323193916
Stock impact report

Why e.l.f. Beauty Inc. Shares Surged Today [The Motley Fool]

e.l.f. Beauty, Inc. (ELF) 
Last e.l.f. beauty, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.elfcosmetics.com
Company Research Source: The Motley Fool
The affordably priced cosmetics brand popped on a better-than-expected earnings report. Jeremy Bowman ( TMFHobo ) Nov 6, 2018 at 12:56PM What happened Shares of  e.l.f. Beauty Inc.  ( NYSE:ELF ) were soaring today after the cosmetics retailer posted a strong third-quarter earnings report. The company topped estimates on the top and bottom lines as it continues to make progress in its turnaround efforts, and shares were trading up 17.2% as of 11:43 a.m. EDT on Tuesday. Image source: Getty Images. So what Revenue for e.l.f. fell 11% to $63.9 million due to a decline in sales to discount channels. Despite that slide, that result still beat estimates at $60 million.  Gross margin in the quarter improved from 60% to 61%, due to changes in customer mix and margin-boosting innovations, though some of those improvements were offset by currency ex Show less Read more
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