CLAIM #972 · ELF Beauty Inc (ELF) · 2022Q2 earnings call · Nov 3, 2021 · due Mar 31, 2022
“But overall we feel good about our ability to meet consumer demand.”
Tarang Amin · CEO
In context
“dent because of the moving pieces that we have ahead of us. But if you do have demand, do you have the supply? Do you have the products? I remember you having contracted a lot of containers ahead of time. So I was wondering how much you can flex in terms of supply to keep fulfillment if you know you continue to be as successful as you have been with sales? Tarang Amin: Hi, Andrea, this is Tarang. I'll take that one. We feel great about the work that our operations team has done in terms of securing containers. About 4-5 months ago, we made the decision on holiday we're having a tough time securing containers we're worried about our ability to. We're able to get all the containers we want right now. As Mandy said they are coming at an elevated cost and that's been embedded in our guidance. But overall we feel good about our ability to meet consumer demand. Andrea Teixeira: Perfect. Thank you very much. I'll pass it on Operator: The next question comes from Dara Mohsenian with Morgan Stanley. Please go ahead. Dara Mohsenian: Hey guys. So just looking to follow up on sort of revenue guidance for the back half. I mean, you guys are assuming flattish type of trends year-over-year. Obviously there's the holiday program, right there. There's some risk around shipping in general and product availability, but it does sound like bill rates got better inter quarter. You've got higher inventory levels here. So just wanted to get a sense if there's anything else besides the holiday program and the potential supply environment that's really limiting you as you look at the back half the year. Obviously, the tougher comp Q4. But, given you over delivered”
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SEC filings for ELF ↗ · Claim quote is verbatim from the 2022Q2 earnings call.