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e.l.f. Beauty Fireside Chat on ESG, Purpose & Impact Hosted by Jefferies

Sustainability & Social Responsibility: e.l.f. Beauty 2022 Impact Report

e.l.f. Beauty publishes first-ever Impact Report, detailing ESG initiatives and accomplishments for fiscal year 2022; company highlights gaining Fair Trade Certification, reports employee base is over 75% women, over 40% diverse, over 65% millennial/Gen Z

Commentary: Analysts expect e.l.f.'s sales growth for fiscal year ending March 31 to double that of overall industry; BofA highlights its presence in China, noting its deep relationships with suppliers, more flexible operations than its mass competitors

e.l.f. Beauty's inflation response included raising prices, launching higher-end items like skin care this past spring; CEO says company to leave prices unchanged on its cheapest items in strategy to keep entry point for consumers with budget constraints

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