E.l.f. Beauty sales jump 50% on gains in color cosmetics and skin care, launch of Bronzing Drops serum
E.l.f. Beauty beat Wall Street’s quarterly estimates on the top and bottom lines as sales jumped 50%.
Tarang Amin, CEO of the cosmetics company, said its new Bronzing Drops serum has been wildly popular.
Despite the big sales beat, the beauty retailer posted cautious guidance.
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