{"id":124585,"date":"2025-08-06T21:17:10","date_gmt":"2025-08-06T21:17:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/124585\/"},"modified":"2025-08-06T21:17:10","modified_gmt":"2025-08-06T21:17:10","slug":"e-l-f-beauty-elf-earnings-q1-2026","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/124585\/","title":{"rendered":"E.l.f. Beauty (ELF) earnings Q1 2026"},"content":{"rendered":"

E.l.f. Beauty’s<\/a> profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to impact the cosmetic company’s bottom line.<\/p>\n

In the three months ended June 30, E.l.f.’s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of its products from China<\/a>, also declined to provide a full-year revenue guide, citing the “wide range of potential outcomes” related to the new duties<\/a>.\u00a0<\/p>\n

Instead, the company only issued guidance for the first half of the fiscal year. E.l.f. said it’s expecting sales growth to be above 9% in the first half of the year and adjusted earnings before interest, taxes, depreciation, and amortization margins to be 20%, compared with 23% in the first half of the previous fiscal year.<\/p>\n

“We’re operating in a very volatile macro environment, obviously a great deal of uncertainty on tariffs, so until we have greater resolution on what the tariff picture looks like, we didn’t think it made sense to issue guidance,” CEO Tarang Amin told CNBC in an interview. “It’s the uncertainty around the tariffs that make things more difficult.”\u00a0<\/p>\n

The company has already raised prices by $1 to offset tariff costs and is working to expand its business outside of the U.S. and diversify its supply chain.\u00a0<\/p>\n

“We’re under 55% tariffs on goods coming from China, and we’ve planned against that,” Amin said. “So I’m just waiting for that other shoe to drop to see OK, where do they really settle out? I never thought I would say a day that I’m happy to see 55% tariffs, but it’s a lot better than 170% so I think once we have that resolution, we’ll be in a better spot.”<\/p>\n

Beyond profits, E.l.f. beat expectations on the top and bottom lines.\u00a0<\/p>\n

Here’s how the cosmetics company performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:<\/p>\n