e.l.f. Beauty's first quarter FY27 revenue grew 36%, prompting a significant raise in its full-year outlook.

e.l.f. Beauty reported first quarter fiscal 2027 net sales of $479.4 million, a 36% increase year-over-year, marking the company's 30th consecutive quarter of growth. Adjusted diluted EPS came in at $1.75. Citing strong momentum, the company significantly raised its full-year 2027 sales and earnings outlook.

Key Highlights

• Net sales grew 36% to $479.4 million, driven by strong performance across retailer, e-commerce, domestic, and international channels.
• Gross margin increased by approximately 1,400 basis points to 83%, largely due to tariff refunds, favorable pricing, and lower year-over-year tariff rates.
• Raised its fiscal 2027 net sales growth forecast to 18-20% from 12-14% previously, now targeting $1,938 million to $1,968 million.