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flag E.l.f. Beauty exceeded Q1 earnings and revenue forecasts despite facing margin pressures.

flag E.l.f. flag Beauty reported better-than-expected first-quarter results for fiscal year 2026, with earnings of 89 cents per share and revenue of $353.73 million, both surpassing estimates. flag Despite a 9% sales increase, gross margins fell by 215 basis points to 69% due to tariffs. flag The company plans to focus on innovation and market expansion, including entering the Sephora Middle East market, to maintain growth amid economic challenges.

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