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Tuesday, January 9, 2018

e.l.f. Beauty (ELF) reaffirms prior FY17 EPS and revenue guidance



     




    e.l.f. Beauty reaffirms prior FY17 EPS and revenue guidance
    Co guides to FY17 sales of $270 mln, in-line with CapitalIQ consensus of $270.2 mln. Co guides to FY17 adjusted EPS of $0.55 vs $0.56 consensus.
    • 2016-2019 Growth Algorithm: Reflecting current category trends, co is updating the compound annual growth rates included in its growth algorithm. Co now expects a compound annual net sales and Adjusted EBITDA growth rate of 10-15% from fiscal 2016 to 2019.

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