1854 ET - Shares of E.l.f Beauty declined post-market after the company reported fourth-quarter earnings and withheld its full-year outlook on tariff uncertainty. Investors may have been reassured by comments on the company's earnings call, with management saying consumption trends have improved in the current quarter. E.l.f. also shared their plans for tariff mitigation on the call. Management reiterated plans to raise prices by $1 starting in August, and says the company is looking to optimize its supply chain, further diversifying away from China by the end of the fiscal year. International sales--which aren't subject to tariffs--continue to be its fastest growing segment, the company says. That segment accounts for about 20% of overall sales, a share they expect to rise. The stock ticks up 2% in after-hours trading after falling as much as 13% following the results. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
May 28, 2025 18:54 ET (22:54 GMT)
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