e.l.f. Beauty Inc. $ELF has disrupted the beauty industry by delivering prestige-quality makeup and skincare at accessible price points through agile digital marketing. The strategic acquisition of high-growth prestige brand rhode helped drive first-quarter fiscal 2027 net sales up 36% year over year to $479.4 million. Management subsequently raised full-year net sales guidance to between $1.93 billion and $1.96 billion, while forward valuation multiples reflect strong market expectations for sustained earnings growth. With significant international whitespace across Western Europe alongside rapid market share gains in mass skincare, the business maintains a compelling multi-year runway for expansion. Will e.l.f. Beauty successfully replicate its domestic playbook across global retail channels while navigating supply chain exposure to tariffs?