e.l.f. Beauty, Inc. (ELF) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining us today to discuss Elf Beauty's third quarter fiscal 26 results. I'm Casey Tatton, 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'll 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 Terang. Thank you, Casey, and good afternoon, everyone. Today, we will discuss our third quarter results and our raised outlook for fiscal 2026. I am proud of our incredible Elf Beauty team for another quarter of consistent category-leading growth. In Q3, we grew net sales 38%. and adjusted EBITDA 79%. Q3 marked our 28th consecutive quarter of net sales growth, putting Elf Beauty in a rarefied group of high-growth companies. We're one of only six public consumer companies out of 546 that has grown for 28 straight quarters and average at least 20% sales growth per quarter. We're excited by the consumer engagement we're seeing across the beauty category and especially the momentum of our brands. On a consumption basis, our namesake e.l.f. Cosmetics brand grew 8% in the U.S. this quarter,...