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0 -0.00408274360370165 -0.000544365813826977 -0.00299401197604789 -0.00136091453456715 -0.015242242787153 -0.0223189983669026 -0.0255851932498638
Stock impact report

E.L.F. Beauty's $27 million clean cosmetics acquisition has plenty of potential benefits, analysts say [MarketWatch]

e.l.f. Beauty, Inc. (ELF) 
Last e.l.f. beauty, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.elfcosmetics.com
Company Research Source: MarketWatch
E.L.F. Beauty's $27 million clean cosmetics acquisition has plenty of potential benefits, analysts say Analysts are upbeat about E.L.F. Beauty Inc.'s ELF, +2.09% $27 million acquisition of W3ll People, a clean cosmetics company that is expected to contribute $7 million in net sales and a penny per share in adjusted earnings in fiscal 2021. Launched in 2008, the company sells a cruelty-free, plant-based beauty line in some Target Corp. TGT, +0.89% locations, at Whole Foods Market and specialty retailers. Whole Foods is part of Amazon.com Inc. AMZN, +0.57% . E.L.F.'s Chief Executive Tarang Amin cited Mintel data showing that clean beauty is the fastest growing segment in the category during a post-announcement call on Monday. "[O]ver the past six years at E.L.F., we've reformulated our products to move away from parabens, phthalates and other ingredients consumers do not want to see in their cosmetics and skin care," he said, according to a FactSet transcript. Analysts at both Show less Read more
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