legendspinballmachine| Q4 net sales increased by more than 70% e.l.f. Beauty rose more than 17%
Thursdaylegendspinballmachine, American cosmetics company elegendspinballmachine.llegendspinballmachine.f. Beauty(ELF.US) shares riselegendspinballmachineAs of press time, the stock rose more than 17% to $183.524. The company previously announced fourth-quarter results for fiscal 2024. Net sales increased 71.4% to US$321.1 million, above expectations of approximately US$292.6 million; adjusted earnings per share were US$0.53, above expectations of US$0.32; and gross margin increased by approximately 180 basis points to 71%.
In terms of guidance, the company expects sales in fiscal 2025 to be US$1.23 billion to US$1.25 billion, a year-on-year increase of approximately 20 to 22%, and adjusted earnings per share to be US$3.2 to 3.25, with analyst expectations of US$1.27 billion and US$3.56 respectively.
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