Summary by Moomoo AI
e.l.f. Beauty announced strong Q1 fiscal 2025 results, with net sales increasing 50% to $324.5 million. The company gained 260 basis points of market share, marking its 22nd consecutive quarter of growth. Gross margin improved by 80 basis points to 71%, while adjusted EBITDA rose 4% to $77.4 million.Net income was $47.6 million, with adjusted diluted EPS of $1.10. The company's performance was driven by strength in both retail and e-commerce channels. SG&A expenses increased to $180.6 million, primarily due to higher marketing and digital spend.Based on these results, e.l.f. Beauty raised its fiscal 2025 outlook. The company now expects net sales of $1,280-1,300 million, up from $1,230-1,250 million previously, representing 25-27% YoY growth. Adjusted EBITDA is projected at $297-301 million, with adjusted diluted EPS of $3.36-3.41.
