In the latest trading session, e.l.f. Beauty (ELF) closed at $126.33, marking a +1.15% move from the previous day.
e.l.f. Beauty (ELF) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
e.l.f. Beauty (ELF) reached $119.85 at the closing of the latest trading day, reflecting a -1.96% change compared to its last close.
Zacks.com users have recently been watching e.l.f. Beauty (ELF) quite a bit.
Zacks.com users have recently been watching e.l.f. Beauty (ELF) quite a bit.
e.l.f. Beauty NYSE: ELF declines to offer guidance for the year, but investors don't care. The uncertainty brought by tariffs was offset by a $1 global price increase and plans to acquire Rhode.
e.l.f. Beauty's recent Rhode acquisition increases debt and risk, especially as net sales growth slowed to just 4% last quarter. The deal may not align with ELF's core low-price segment, raising concerns about product fit and long-term brand synergy. Heavy reliance on China for production and lack of FY26 guidance add significant uncertainty to the outlook.
Shares of e.l.f. are on pace for their highest single-day return since the company went public back in 2016, up approximately 25% as of 2:30 EST trading on May 29.
E.l.f. said in an Instagram post this month that it would raise its prices by $1 starting in August as it tries to manage inflation and tariffs.
Cosmetics company E.l.f. Beauty said it plans to charge $1 more for its items beginning August 1 in response to tariffs.
While the deal to buy cosmetics brand Rhode is a positive, it remains to be seen how the company will navigate macro uncertainty, analysts say.
elf Beauty Inc (NYSE:ELF) is surging 31.1% to $118.63, after announcing a $1 billion acquisition of Rhode, the skincare brand founded by Hailey Bieber.