e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street

Shares of e.l.f. Beauty Inc. slid 9.3% to $55.19 on Monday, hitting a session low of $54.72 as the selloff intensified ahead of the cosmetics company’s fiscal fourth-quarter earnings next week. Earlier, market data providers flagged the drop below the stock’s 52-week low.

e.l.f. Beauty’s stock is tumbling today after the company’s fiscal Q2 print and FY‑2026 guidance underwhelmed investors. In last night’s release, management guided to $1.55–$1.57 billion in sales and $2.80–$2.85 adjusted EPS for FY‑2026, short of consensus. The outlook reflects a step‑down in profitability as U.S. import tariffs lift costs and growth in the core e.l.f. brand moderates versus last year’s blockbuster product cycle. Shares fell as much as ~26% after hours Wednesday and were still sharply lower in early Thursday trading. Elf Beauty Investor+1

e.l.f. Beauty reported second‑quarter fiscal 2026 results showing net sales of $343.9 million, gross margin of 69%, and adjusted EPS of $0.68. Management highlighted this as the 27th consecutive quarter of net‑sales growth and cited a record launch of Rhode in Sephora North America. Business Wire