MAAT INDEX

CLAIM #980 · ELF Beauty Inc (ELF) · 2022Q2 earnings call · Nov 3, 2021 · due Mar 31, 2022

Yeah. And I'd see on the color category, similar approach we've taken. We're just being prudent in terms of not counting on a massive rebound right away.

Tarang Amin · CEO

PENDING
graded after results covering Mar 31, 2022 are reported

In context

So I'll the first part of that question, I'll pass it over to Tarang to give more color on the category side. But from a pure guidance standpoint, we feel great about the core business momentum that we have. As I mentioned earlier, just really on Q3 is going to be the absence of our holiday program that we typically have that will be an impact to us in Q3. We've talked about $6 million in net sales impact to translate into about $12 million of what you might see from a track channel standpoint. And then as we go into Q4, starting to cycle stimulus. So in Q4 last year, we had a 24% net sales growth quarter. And that was driven by stimulus. And as we cycle that we are expecting to see that pull back a little bit. So otherwise, color and the category outlook I'll pass it Tarang. Tarang Amin: Yeah. And I'd see on the color category, similar approach we've taken. We're just being prudent in terms of not counting on a massive rebound right away. So certainly the categories really started taking off based on the innovation and consumer interest, then that would be a potential upside for us. But we feel our strategies work pretty well if not getting ahead of ourselves and let the consumer momentum carries forward. And we'll see if we get some help from the category as well. Olivia Tong: Got it? And then just W3LL PEOPLE and Keys Soulcare, just talk about - if you could talk a little bit about the long-term opportunity there. Because it sounds like you're getting a little bit more distribution. What do you think they can become as a percentage of sales? And sort of a legs that those 2 brands could have going forward? Tarang Amin: So I'll take that Olivia, we feel there's great potential on both brands. We're still very much in the e

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SEC filings for ELF · Claim quote is verbatim from the 2022Q2 earnings call.