Elf Beauty sales up, net profit down in second quarter 2018

Sales gains were mainly driven by growth in leading national retailers and additional store locations

US-based Elf Beauty’s net sales increased 6% to $59.1m in the second quarter of 2018, mainly driven by growth in leading national retailers and additional store locations.

Adjusted Ebitda increased 29% to $13m.

Net income stood at $1.2m, against net...

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