e.l.f. Beauty, Top-Performing Stock on NYSE, Celebrates Two Decades of Purpose-Led Growth at Opening Bell
March 18 2024 - 12:01AM
Business Wire
e.l.f. Beauty (NYSE: ELF) reached a historic milestone in its
mission to make the best of beauty accessible to every eye, lip,
face and skin concern, announcing Chairman and CEO Tarang Amin will
ring the opening bell today at the New York Stock Exchange (NYSE)
to celebrate 20 years of disrupting norms, shaping culture and
connecting communities. He will be joined by the company’s Board of
Directors and Executive Team.
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the full release here:
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e.l.f. Beauty is ringing the opening bell
at the New York Stock Exchange on Monday, March 18, 2024, in
celebration of 20 years of disrupting norms, shaping culture and
connecting communities. (Photo: Business Wire)
e.l.f. Beauty has pioneered a different kind of company—one that
is purpose-led and results-driven. e.l.f. is a category-leader,
fueled by its innovative business approach and ability to surprise
and delight its global community. The company’s stock price has
increased over 1500% in the last five years, making it the
best-performing stock on the NYSE during that period.*
“e.l.f.’s ethos is to be a bold disruptor with a kind heart. We
believe that when you combine value with values, we are able to
best serve our community and give them what they have come to
expect from e.l.f. Beauty,” said Amin, e.l.f. Beauty Chairman and
CEO.
Exceptional, consistent growth and a resolution to create
positive impacts define e.l.f.’s journey over the past two decades.
The company has committed to donate at least 2% of profits to
initiatives that support change for the greater good, and last year
exceeded its target and distributed more than 3% of profits to
like-minded nonprofit organizations. This dedication sets e.l.f.
apart in its passion for its community and is also reflective in
its products that are cruelty free, clean, vegan and Fair Trade
Certified™.
“Positivity, inclusivity and accessibility set the foundation
for everything we do,” Amin said. “One of our differentiators is
our relationship with our community. We understand the importance
our community places on social impact, encouraging us to set the
benchmark not just in beauty, but also on a bigger stage as a
publicly traded company.”
To further amplify the meaningful relationship with its
community, e.l.f. is launching today through March 31 its “Invest
in Your e.l.f.” sweepstakes, depositing individual $10,000 awards
into brokerage accounts to twenty lucky Beauty Squad loyalty
members. See www.elfcosmetics.com/invest-in-your-elf-sweepstakes
for more details.
e.l.f. Beauty’s disruptive marketing engine and delivery of
“eyes.lips.firsts,” fluidly connect beauty, culture and
entertainment, highlighting a unique ability to be part of the
fabric of cultural conversations. To complement today’s activity
inside the NYSE, e.l.f. will roar up to Wall Street with a
racetrack-themed Lip Oil Change consumer activation, complete with
a pit crew of “glow-up” artists to provide a quick beauty fix to
Wall Street passers-by.
With purpose as another meaningful e.l.f. pillar, the company is
proud that its employee base and corporate board reflect the
diverse community it serves. e.l.f. Beauty’s employee base is over
70% women, over 40% diverse and over 65% millennial and Gen Z**.
Additionally, e.l.f. Beauty is honored to be one of only four
public companies in the United States (out of >4,200) with a
board of directors that is at least two-thirds women and one-third
diverse.
Earlier this year, e.l.f. Beauty announced a partnership with
the National Association of Corporate Directors (NACD). Both the
NACD and e.l.f. Beauty believe an inclusive roster of leaders is
essential to make a long-lasting change to boardrooms everywhere
while setting up companies for long-term success. e.l.f. Beauty is
sponsoring board preparation training for 20 director candidates
and is supporting the NACD Center for Inclusive Governance.
By standing with every eye, lip, face, paw and fin, e.l.f.
Beauty is creating a culture in which all individuals are
encouraged to express their truest selves, are empowered to succeed
and strive to do the right thing for people, the planet and our
furry and finned friends. To join the community and share the
journey toward making positive impacts, visit
www.elfbeauty.com.
About e.l.f. Beauty
e.l.f. Beauty (NYSE: ELF) is fueled by a vision to be a
different kind of company that disrupts norms, shapes culture and
connects communities through positivity, inclusivity and
accessibility. Our mission is to make the best of beauty accessible
to every eye, lip, face and skin concern, through our brands
e.l.f. Cosmetics, e.l.f. SKIN, Keys Soulcare, Well
People and Naturium. We are committed to our superpowers
of delivering premium-quality products at accessible prices with
universal appeal that are clean, vegan, cruelty free and Fair Trade
certified. Learn more at www.elfbeauty.com
*No 1 performing stock on the NYSE out of 1615 companies over
the five years ending 12/31/23, per FactSet. Does not include
reinvestment of dividends.
**Employee demographic figures are based on full-time employees
as of the end of most recent fiscal year, March 31, 2023.
Race/ethnicity percentages exclude our employees outside of the
United States. e.l.f. Beauty is an equal opportunity employer and
does not use gender or any other protected criteria as a factor in
any employment decisions, such as hiring, promotions or
compensation.
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version on businesswire.com: https://www.businesswire.com/news/home/20240317113594/en/
Media Contacts: e.l.f.
Beauty Corporate Communications Inquiries: Melinda Fried,
mfried@elfbeauty.com Business Media Inquiries: Rachel
Sharpe, elf@5wpr.com International Media Inquiries: PuRe
Public Relations, elf@purepr.com
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