Elf Beauty (ELF) Q3 2026

The beauty of the goblin It reported huge beat earnings on Wednesday and raised its guidance for the fiscal year.

Elf stock rose as much as 15% in after-hours trading before giving back the majority of those gains.

Here’s what the company reported for its fiscal third quarter, compared to analyst estimates from LSEG:

• EPS: $1.24 was revised down from 72 cents expected
• profit: $490 million versus an expected $460 million

Net sales rose 38% to $489.5 million, from $355 million in the same period last year, driven by growth worldwide and across retailers and e-commerce, Elf said. It reported adjusted net income of $74.5 million, up from $43 million during the same period last year.

The company recently acquired Hailey Bieber’s popular skincare company, Rhode, in a deal worth nearly $1 billion, contributing $128 million to the company’s net sales growth in the third quarter. Elf told CNBC it expects Rhode to contribute up to $265 million in net sales this year, up $65 million from previous guidance.

Elf also raised its full-year guidance, increasing its revenue forecast by $42 million to $50 million.

“Our third-quarter results, which included 130 basis points of market share gains for our namesake Elf Cosmetics brand and a record launch for Rod at Sephora in the UK, are a continuation of the consistent, category-leading growth we have achieved over the past 28 quarters,” CEO Tarang Amin said in a statement. “Our value proposition, strong innovation and innovative marketing engine continue to fuel our brands.”

– CNBC Judy Gralnick She contributed to this report.