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e.l.f. Beauty Increases Net Sales by 28% in Q3 2017

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e.l.f Beauty has announced its financial results for Q3 2017.

According to the company, net sales reached $71.9 million, a 28% increase over Q3 2016.

Net sales for the first nine months of 2017 reached $188.3 million, a 23% increase over the first nine months of 2016. 

e.l.f.'s chairman and CEO, Tarang Amin, stated, "We are pleased with our third quarter results highlighted by a 28% increase in net sales and strong earnings growth. In a category currently experiencing headwinds, we continue to gain market share driven by the successful execution of our strategy, and mission to make luxurious beauty accessible for all.”