On Wednesday, E.l.f. reported first-quarter internet gross sales of $479.4 million, up 36 % year-over-year. It additionally elevated its full-year income forecast to a spread of between $1.94 billion and $1.97 billion, representing the next annual progress fee of 18 to twenty %. However its flagship line of cosmetics, which includes some 70 % of general gross sales, declined excessive single digits, consistent with its prior forecast. Within the earlier quarter, progress was flat.
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