1851 ET - E.l.f. is still seeing international expansion as a massive opportunity, Baird analysts say in a note after meeting with management. E.l.f.'s international segment currently makes up 19% of its business, compared to over 70% at some of its competitors, the analysts say. Big markets in Western Europe appear to be a particularly attractive opportunity given e.l.f. has proven it can execute large-scale rollouts with its recent entry into Germany's Rossmann drug stores, they say. The company also has room to strengthen its partnerships with like-minded retailers with a European presence, just as Douglas and Sephora have done, they said. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
June 06, 2025 18:51 ET (22:51 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.