e.l.f. Beauty reported first-quarter fiscal 2027 results on August 5, with net sales up 36% year-over-year, marking its 30th consecutive quarter of net sales growth. The company raised its full-year outlook to 18% to 20% net sales growth, up from 12% to 14% previously. The quarter was boosted by the Hailey Bieber brand Rhode, which added about $160 million in net sales, and international sales grew 61%. However, organic net sales declined by a high single-digit percentage, and gross margin jumped roughly 1,400 basis points to 83%, with over 1,050 of those basis points coming from $50 million in IEEPA tariff refunds. Management plans to reinvest the entire refund through lower prices and marketing, expecting a net zero benefit to full-year EBITDA.
ELF Beauty IncRaises full-year outlook and reports strong sales growth, though organic sales declined and tariff refunds are reinvested.
