Key Takeaways ELF gained 140 basis points of market share as brand demand stayed strong in Q2 FY26.ELF invests 24%-26% of sales in marketing, lifting brand awareness across the United States and abroad.ELF expects 18%-20% net sales growth in FY26, supported by innovation and value pricing.Brand-led innovation is emerging as a critical driver of e.l.f. Beauty Inc.’s (ELF) growth momentum in fiscal 2026, enabling the company to outperform a slow-growing mass beauty category. In the second quarter of fiscal 20 ...

近期股价表现与市场对比 - 公司股票最新收盘价为76.36美元，较前一交易日下跌2.09% [1] - 当日跌幅小于标普500指数的1.07%跌幅，但大于道琼斯指数0.51%的跌幅，小于纳斯达克指数1.69%的跌幅 [1] - 在过去一个月中，公司股价累计上涨4.84%，同期必需消费品板块下跌0.24%，标普500指数上涨0.94% [1] 即将发布的季度业绩预期 - 市场预期公司即将公布的季度每股收益为0.68美元，较去年同期下降8.11% [2] - 市场预期公司即将公布的季度营收为4.5279亿美元，较去年同期大幅增长27.43% [2] 全年业绩预期与分析师预测调整 - 市场预期公司全年每股收益为2.93美元，较去年下降13.57% [3] - 市场预期公司全年营收为15.7亿美元，较去年增长19.37% [3] - 分析师预测的近期调整通常反映短期业务动态变化，积极的上调反映分析师对业务和盈利能力的乐观情绪 [3] 估值指标分析 - 公司当前远期市盈率为26.58倍，显著高于其行业平均远期市盈率8.06倍 [6] - 公司当前市盈增长比率为4.19倍，而化妆品行业基于昨日收盘价的平均市盈增长比率为0.86倍 [6] 行业评级与相对表现 - 公司所处的化妆品行业是必需消费品板块的一部分，目前其Zacks行业排名为206位，在所有250多个行业中处于后17%的位置 [7] - 研究显示，排名前50%的行业表现优于后50%的行业，幅度约为2比1 [7] 投资评级与模型 - 公司目前获得Zacks Rank第5级评级，即“强力卖出” [5] - Zacks Rank模型纳入盈利预测调整，其排名第1的股票自1988年以来平均年回报率为+25% [4][5] - 在过去一个月中，市场对公司每股收益的共识预期保持不变 [5]

Key Takeaways ELF shares have dropped 37.9% amid slowing organic growth, margin pressure and a tougher outlook. Core sales turned negative as retailer delays, rising tariffs and high SG&A weighed on performance. The Rhode acquisition boosts the portfolio but adds debt as ELF faces sustained cost and margin headwinds.e.l.f. Beauty, Inc. (ELF) has seen a sharp reversal this year, with shares sliding 37.9% in the year-to-date period. The pullback reflects growing investor discomfort with slowing organic growth ...

It's down 42% over the past year.E.l.f. Beauty (ELF +0.26%) has become one of the most important cosmetics companies in the world, stealing market share from the traditional leaders over the past few years. However, despite the company's success, the stock has been disappointing for investors over the past year, down 42%. Can it rebound next year? What's happening in 2025It's not an easy time for any cosmetics company. Inflation is still high, affecting discretionary purchases, and new tariffs are affecting ...

Key Takeaways The Rhode acquisition added $52M to Q2 sales and set Sephora North America's largest launch record.ELF expects Rhode to add 22 points to net sales growth and up to $300M in annualized revenues.Rhode's global expansion and strong DTC mix support ELF's multi-brand and international growth plans.The Rhode acquisition is quickly becoming one of e.l.f. Beauty Inc.’s (ELF) most powerful growth catalysts in fiscal 2026, adding meaningful scale and strengthening the company’s multi-brand strategy. In ...

核心观点 - e.l.f. Beauty与Ulta Beauty在最新财报中呈现出截然不同的表现轨迹 e.l.f. Beauty营收增长但盈利崩溃 股价暴跌 而Ulta Beauty业绩全面稳健 股价坚挺 [2] - 两家公司的商业模式在压力下表现迥异 e.l.f. Beauty的盈利能力和运营效率出现严重恶化 而Ulta Beauty的盈利能力保持稳定甚至有所改善 [3][4] - 两家公司之间存在巨大的估值差距 e.l.f. Beauty的估值倍数与其基本面表现严重脱节 而Ulta Beauty的估值相对其稳健的财务表现更具合理性 [5][6][7] e.l.f. Beauty (ELF) 业绩表现 - 第二财季营收同比增长14.2% 达到3.439亿美元 但净利润同比暴跌84.8% 仅300万美元 [3] - 尽管毛利率高达69.4% 但公司录得70万美元的营业亏损 销售、一般及行政费用高达2.31亿美元 严重侵蚀了利润 [3] - 管理层在财报前（9月和10月）以每股130至150美元的价格出售了超过2400万美元的股票 随后财报发布导致股价跌至70美元区间 [3] - 公司消耗了3790万美元用于建立库存 过去12个月的营业利润率被压缩至2.24% [3] - 每股收益为0.68美元 超出市场预期的0.57美元 但财报发布日（11月5日）股价暴跌超过20% [2][6] Ulta Beauty (ULTA) 业绩表现 - 营收达29亿美元 超出27亿美元的预期 可比销售额增长6.3% 由客单价提升和交易量增加驱动 [4] - 净利润保持平稳 为2.309亿美元 维持了9.93%的净利润率 毛利率从去年同期的39.7%扩大至40.4% [4] - 营业利润率保持稳定在10.8% 化妆品占销售额的41% 护肤和健康品类占24% [4] - 每股收益为5.14美元 超出市场预期的4.60美元 这是过去16个季度中第15次超出预期 财报发布日（12月4日）股价稳定在分析师目标价附近 [2][6] - 公司重申了全年业绩指引 预计销售额约为123亿美元 每股收益在25.20至25.50美元之间 [4] 关键财务指标对比 - **营收增长**：e.l.f. Beauty同比增长14.2% Ulta Beauty同比增长12.9% [5] - **利润率**：e.l.f. Beauty净利润率为5.91% 营业利润率为2.24% Ulta Beauty净利润率为9.93% 营业利润率为10.8% [5] - **估值倍数**：e.l.f. Beauty市盈率为58.14倍 Ulta Beauty市盈率为23.1倍 [5] 商业模式与财务状况分析 - e.l.f. Beauty的商业模式面临压力 高估值（58倍市盈率）与低营业利润率（2.24%）及放缓的盈利增长不匹配 其8.77%的股东权益回报率远低于Ulta Beauty的48% [6][7] - e.l.f. Beauty拥有8.316亿美元的长期债务 对应48.5亿美元的市值 [7] - Ulta Beauty的商业模式表现稳健 以23倍的市盈率实现了48%的股东权益回报率和10.8%的营业利润率 [6][7] - Ulta Beauty的季度营收规模是e.l.f. Beauty的8.4倍 但其估值倍数不到e.l.f. Beauty的一半 [7]

The share price of e.l.f. Beauty ( ELF ) has always been volatile around earnings reports, but the recent decline of close to 40% appears overdone. The current revenue headwinds both in the domestic US andNHM Capital is a family office investing across different assets classes with a focus on global listed equity. NHM Capital is run by Markus Schmitz who worked for 20 years in Investmentbanking at Goldman Sachs, Morgan Stanley and Credit Suisse starting in Mergers and Acquisitions and moving to Capital Mark ...

The share price of e.l.f. Beauty ( ELF ) has always been volatile around earnings reports, but the recent decline of close to 40% appears overdone. The current revenue headwinds both in the domestic US andNHM Capital is a family office investing across different assets classes with a focus on global listed equity. NHM Capital is run by Markus Schmitz who worked for 20 years in Investmentbanking at Goldman Sachs, Morgan Stanley and Credit Suisse starting in Mergers and Acquisitions and moving to Capital Mark ...

PresentationYuki KusumiGroup CEO, President & Representative Director Hello, everyone. This is Yuki Kusumi. Thank you very much for attending Panasonic group IR day despite your busy schedule. Today, I'd like to explain the Solutions Area, which we announced last February as a focus area. But before that, I'd like to say a few words about the Housing Solutions business, which we announced recently on November 17. Amid a decline in new housing starts in Japan, we believe this will benefit not only PHS, but a ...

会议开场与参与者 - 摩根士丹利家庭用品及饮料行业分析师Dara Mohsenian主持本次会议 [2] - e.l.f. Beauty公司董事长兼首席执行官Tarang Amin及高级副总裁兼首席财务官Mandy Fields出席会议 [2]