E.l.f. Beauty expects prices to rise across the beauty industry, CEO Tarang Amin says. E.l.f. was among the first to hike prices to mitigate tariffs, implementing a $1 price increase to its products in August. The company has historically been early to change prices compared with the rest of the industry, Amin says. "We have heard from many of our retailers that others plan to," Amin says during a call with analysts. He says e.l.f.'s average unit retails at $7.50, compared with $9.50 for legacy mass beauty players and $30 for prestige beauty companies. "We feel that value proposition is strong and will just get stronger as others follow the pricing," he says. Shares fall 21%.(kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
November 05, 2025 18:56 ET (23:56 GMT)
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