Latest news with #MandyFields
Yahoo
6 days ago
- Business
- Yahoo
E.l.f. Beauty Stock Plunges 13% as Cosmetic Company Pulls Full-Year Forecast
Key Takeaways E.l.f. Beauty shares are down nearly 13% after the company pulled its full-year forecast. CFO Mandy Fields said e.l.f. plans to issue guidance once the U.S.'s approach to trade with China becomes clearer. About 75% of e.l.f. products are manufactured in China and currently subject to a 55% import tax once they reach the U.S., Fields said.E.l.f. Beauty shares buckled amid uncertainty over the future of Chinese tariffs. The cosmetic company's stock was down almost 13% the morning after executives pulled their full-year forecast. E.l.f. Beauty (ELF) expects sales growth of at least 9% year-over-year in the first half of its fiscal year, CFO Mandy Fields said, but the company won't issue a full 2026 forecast until the U.S.'s approach to trade with China becomes clearer. Sales in the quarter ended June 30 were up 5% year-over-year in the U.S. and 9% overall to $353.7 million. The California-based company was monitoring how people react to a $1 price increase enacted Aug. 1, Fields said. 'We're still reading how the consumer will respond to that,' Fields said, according to a transcript made available by AlphaSense. She acknowledged that 'they're continuing to be choiceful with how they're spending.' Beyond charging more, the company aims to offset the cost of tariffs by expanding abroad and optimizing its supply chain. Currently, about 75% of e.l.f. products are made in China—the same portion cited on e.l.f.'s last quarterly earnings conference call. Once products manufactured in China reach the U.S., they are subject to a cumulative import tax of 55%—down from the 170% rate imposed this spring, Fields said. If the current tariff schedule remains in place, e.l.f.'s cost of goods sold would increase by about $50 million annually, she said. (The U.S. and China are trying to reach a trade agreement before Aug. 12, when the White House said a higher tariff will be reinstated.) E.l.f. shares are down about 24% so far this year. Read the original article on Investopedia Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
6 days ago
- Business
- Bloomberg
e.l.f Beauty Hit by China Tariffs
e.l.f beauty has declined to give an outlook for 2026, citing tariff uncertainty. Mandy Fields, e.l.f. CFO, says the company is confident that it will continue growing from its portfolio of products and the recent acquisition of Rhode. (Source: Bloomberg)
Yahoo
23-07-2025
- Business
- Yahoo
e.l.f. Beauty Announces Earnings Release Date for First Quarter Fiscal 2026 Results
OAKLAND, Calif., July 23, 2025--(BUSINESS WIRE)--e.l.f. Beauty (NYSE: ELF) today announced that it will hold a webcast to discuss its first quarter Fiscal 2026 results on Wednesday, August 6, 2025 at 4:30 p.m. Eastern Time. A press release detailing the Company's results will be issued prior to the webcast, which will be hosted by Tarang Amin, Chairman and Chief Executive Officer, and Mandy Fields, Senior Vice President and Chief Financial Officer. The webcast will be broadcasted live at For those unable to listen to the live broadcast, an archived version will be available at the same location. About e.l.f. Beauty e.l.f. Beauty (NYSE: ELF) is fueled by a belief that anything is possible. We are a different kind of company that disrupts norms, shapes culture and connects communities, committed to positivity, inclusivity and accessibility. Our mission is clear: to make the best of beauty accessible to every eye, lip and face. Our brands, e.l.f. Cosmetics, e.l.f. SKIN, Keys Soulcare, Well People and NATURIUM are led by purpose, driven by results and elevated by our superpowers. e.l.f. Beauty offers e.l.f. clean and vegan products, all double-certified by Leaping Bunny and PETA as cruelty free and we proudly stand as the first beauty company with Fair Trade Certified™ facilities. A kind heart is at the center of our ethos: We donate 2% of net profits to organizations that make positive impacts. Learn more at View source version on Contacts Investor Relations Contacts: Investors:KC Kattenkkatten@ Media:Sam Critchellscritchell@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
23-07-2025
- Business
- Business Wire
e.l.f. Beauty Announces Earnings Release Date for First Quarter Fiscal 2026 Results
OAKLAND, Calif.--(BUSINESS WIRE)--e.l.f. Beauty (NYSE: ELF) today announced that it will hold a webcast to discuss its first quarter Fiscal 2026 results on Wednesday, August 6, 2025 at 4:30 p.m. Eastern Time. A press release detailing the Company's results will be issued prior to the webcast, which will be hosted by Tarang Amin, Chairman and Chief Executive Officer, and Mandy Fields, Senior Vice President and Chief Financial Officer. The webcast will be broadcasted live at For those unable to listen to the live broadcast, an archived version will be available at the same location. About e.l.f. Beauty e.l.f. Beauty (NYSE: ELF) is fueled by a belief that anything is possible. We are a different kind of company that disrupts norms, shapes culture and connects communities, committed to positivity, inclusivity and accessibility. Our mission is clear: to make the best of beauty accessible to every eye, lip and face. Our brands, e.l.f. Cosmetics, e.l.f. SKIN, Keys Soulcare, Well People and NATURIUM are led by purpose, driven by results and elevated by our superpowers. e.l.f. Beauty offers e.l.f. clean and vegan products, all double-certified by Leaping Bunny and PETA as cruelty free and we proudly stand as the first beauty company with Fair Trade Certified™ facilities. A kind heart is at the center of our ethos: We donate 2% of net profits to organizations that make positive impacts. Learn more at
Yahoo
30-05-2025
- Business
- Yahoo
Mandy on $1B Dollar to buy Hailey Bieber's Rhode Brand
E.l.f. Beauty announcing it will buy Hailey Bieber's brand, Rhode for $1 billion dollars. The move gives the cosmetics retailer access to a product line that has become hugely popular among Gen Z and millennials. E.l.f Beauty CFO Mandy Fields joined Bloomberg Open Interest to talk about the deal. Sign in to access your portfolio
