×
60 442
Fashion Jobs
MICHAEL KORS
pt Sales Supervisor
Permanent · Greater Los Angeles
NEIMAN MARCUS
Sales Manager, Handbags - Las Vegas
Permanent · Las Vegas
BLOOMINGDALE'S
Registry Consultant, Full Time - Short Hills
Permanent · Millburn
MACY'S
Asset Protection Detective, Walnut Creek Broadway Plaza - Full Time
Permanent · Walnut Creek
MACY'S
Asset Protection Detective, Valley Fair - Full Time
Permanent · Santa Clara
MACY'S
Asset Protection Detective, Valencia Town Center - Full Time
Permanent · Santa Clarita
MACY'S
Asset Protection Detective, Pentagon City - Part Time
Permanent · Arlington
MACY'S
Asset Protection Detective, Deerbrook Mall - Full Time
Permanent · Humble
MACY'S
Asset Protection Detective, Orland Square - Part Time
Permanent · Orland Park
ROSS STORES
Senior Manager, Fixture Quality
Permanent · Dublin
OLD NAVY
District Manager - Colorado South
Permanent · Lakewood
OLD NAVY
General Manager - Shops at Stonewall
Permanent · Gainesville
NORDSTROM
Assistant General Manager - Ruscello - South Coast Plaza
Permanent · Costa Mesa
MACY'S
Asset Protection Detective, South Shore Plaza - Full Time
Permanent · Braintree
TJX COMPANIES
Product Manager
Permanent · Framingham
HOMEGOODS
70118-lp Detective
Permanent · Raleigh
TJ MAXX
District Loss Prevention Manager - Los Angeles, ca
Permanent · Culver City
TJX COMPANIES
Loss Prevention Investigator (National Task Force) - Deptford, nj
Permanent · Deptford
TJ MAXX
Warehouse Supervisor
Permanent · University Park
TJX COMPANIES
Product Manager
Permanent · Framingham
TJ MAXX
Loss Prevention Detective
Permanent · Somerville
TJ MAXX
tj Maxx Loss Prevention Detective Full-Time
Permanent · Denver
Published
May 26, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

E.L.F. annual sales, earnings surge on recovered fourth quarter

Published
May 26, 2022

E.L.F. Beauty announced on Wednesday sales for the fiscal year surged by double digits, primarily driven by strength in the beauty chain's national and international retailers.


E.L.F Beauty


The Oakland, California-based E.L.F. said full year revenues surged 23% to $392.2 million. Likewise, fourth-quarter revenues gained 13% to $105.1 million, both driven by gains in the company's global retail network.

​“Our outstanding results in fiscal 2022 underscore E.L.F.’s core value proposition and deep connection with our consumers,” said Tarang Amin, E.L.F. Beauty's chairman and chief executive officer.

"I am so proud of how our team continues to execute in this dynamic environment. We grew net sales by 23% year over year while building market share according to Nielsen."

Net income for the year surged to $21.7 million, up from $6.2 million in the year prior. Quarterly earnings swung back to black in the fourth quarter, totalling $1.5 million, said E.L.F.

"We were the only top 5 color cosmetics brand to grow sales and share above pre-pandemic levels by a wide margin. We believe our competitive advantages and differentiated brand portfolio will continue to fuel our momentum," added Amin.

Looking ahead, E.L.F said it expects a 10-12% increase in net sales for fiscal 2023.

“We’re pleased with our exceptional fiscal 2022 results and believe that we can continue our business momentum into fiscal 2023,” said Mandy Fields, E.L.F. Beauty’s chief financial officer.

The earnings update comes after E.L.F. continues to expand its partnerships with other big name brands and refine its sustainability initiatives. Late last year, the company announced it had eliminated 1 million pounds of packaging across its products.

More recently, the beauty maker teamed up Dunkin' for a limited-edition makeup collection.

Copyright © 2022 FashionNetwork.com All rights reserved.