On Wednesday, E.l.f. Beauty reported 38% net sales growth in Q3 fiscal 2026, ending December 31, to $489.5 million. Hailey Bieber’s Rhode, which E.l.f. Beauty acquired in September, drove the majority of this growth. “Rhode’s growth has been phenomenal, outpacing anyone’s expectations,” said CEO and chairman Tarang Amin. “We are raising our fiscal 2026 outlook, … primarily driven by Rhode’s outperformance for the full year,” said E.l.f Beauty CFO Mandy Fields. “We now expect Rhode to contribute approximately $260 [million] to $265 million in net sales in fiscal 2026 versus our expectation for $200 million previously.”Continue reading this article on glossy.co. Sign up for Glossy newsletters to get the latest on the business of beauty, fashion and pop culture.
