e.l.f. Beauty, Inc. (ELF) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining us today to discuss Elf Beauty's first quarter fiscal 27 results. I'm Casey Katten, Vice President of Corporate Development and Investor Relations. With me today are Tarang Amin, Chairman and Chief Executive Officer, and Mandy Fields, Senior Vice President and Chief Financial Officer. We encourage you to tune into our webcast presentation for the best viewing experience, which you can access on our website at investor.elfbeauty.com. Since many of our remarks today contain forward-looking statements, please refer to our earnings release and reports filed with the SEC, where you will find factors that could cause actual results to differ materially from these forward-looking statements. In addition, the company's presentation today includes information presented on a non-GAAP basis. Our earnings release contains reconciliations of the differences between the non-GAAP presentation and the most directly comparable GAAP measure. With that, let me turn the webcast over to Tarang. Thank you, Casey, and good afternoon, everyone. I'm proud of the L.F. Beauty team for achieving another quarter of industry-leading results. In Q1, we grew net sales 36% and delivered our 30th consecutive quarter of net sales growth. That's over seven continuous years of net sales growth. We're one of only six public consumer companies Out of 516 that has grown for 30 straight quarters and average at least 20% net sales growth per quarter. This consistent category leading growth is a testament to the strength of our team, strategy, and portfolio of brands. With the momentum we're seeing, we're raising our fiscal 27 outlook to 18-20% net sales growth as compared to 12-14% previously. We have strength across our diversified portfolio of brands. For context, out of approximately...