The company's sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance.
He added that its Bronzing Drops serum quickly became a best seller on the company's website after its launch during the quarter.
Following quarter after quarter of outsized growth, Wall Street has come to expect a lot from E.l.f.
The company now anticipates its adjusted net income will be between $198 million and $201 million, compared with a previous outlook of between $187 million and $191 million.
During the quarter, selling, general and administrative expenses increased by roughly $88.6 million to $180.6 million, representing 56% of net sales.
Persons:
Tarang Amin, E.l.f, Mandy Fields, Fields, I'm, we're, Amin, we've, Gen Z, We'll, Gabby Douglas, Anastasia, Tas, Jameela Jamil
Organizations:
CNBC, LSEG, Alpha
Locations:
E.l.f