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E.l.f. Beauty’s Q3 Sales Jump 49% With ‘A Lot’ Of Runway Ahead, CEO Says

 
• By Eileen Francis

Oakland, CA-based e.l.f. Beauty is significantly increasing its full fiscal year 2023 sales estimate, predicting 38%-39% growth after third quarter sales soared 49% to reach $146.5m. CEO Tarang Amin discusses the white space opportunities contributing to a bullish outlook even beyond the fiscal year.

Despite a gloomy global economy, CEO Tarang Amin says the future is bright for e.l.f. Beauty, Inc., which has achieved 16 consecutive quarters of top-line growth, with fiscal third quarter sales soaring 49% to $146.5m.

“The fundamental drivers of our business continue to fuel our results: our value proposition, powerhouse innovation, and a disruptive marketing engine,” Amin said during the firm’s 1 February

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