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e.l.f. Beauty: viral growth has to keep converting into margins and cash
e.l.f. Beauty reported fiscal 2025 operating income of $158.0 million and fiscal Q3 2026 quarterly revenue of $489.5 million. The thesis depends on brand demand, retail velocity, marketing spend, inventory and cash conversion.
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e.l.f. Beauty: viral growth has to keep converting into margins and cashe.l.f. Beauty reported fiscal 2025 operating income of $158.0 million and fiscal Q3 2026 quarterly revenue of $489.5 million. The thesis depends on brand demand, retail velocity, marketing spend, inventory and cash conversion.NYSEMay 20, 2026Research reportReadSlides