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ELF / e.l.f. Beauty shares take off on 2Q beat and raise

e.l.f. Beauty, Inc. (NYSE:ELF) shares added more than 8% shortly after Thursday's opening bell after the cosmetics company breezed past estimates for its fiscal second quarter financial results and raised its full-year sales and profit guidance. It now expects its sales to increase 55% to 57% for the full year to between $896 to $906 million, compared to its prior guidance of a 37% to 39% increase to $792 to $802 million. Read More

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Posted: Nov 2 2023, 10:04

Author Name: Proactive Investors

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