e.l.f. Beauty rallies 6.53% to $68.17 after fiscal Q4 beat on earnings and revenue
e.l.f. Beauty reported fiscal Q4 adjusted EPS of 32 cents, above the 29 cents expected, while revenue came in at $449.29 million versus $422.93 million expected, up 35.07% year over year. The company said the Rhode acquisition contributed about 34 percentage points to overall growth, with U.S. net sales up 26% and international revenue up 75% in the quarter. Shares rose 6.53% to $68.17, with MACD turning positive and price action holding above $58 support while approaching $71 resistance.