S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$78,896▲0.4% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›E.l.f. Beauty profit nearly doubles after $50 million…

E.l.f. Beauty profit nearly doubles after $50 million tariff refunds

The company said it received $50 million in tariff refunds in fiscal first quarter, helping boost profits close to a 100% increase.

Reported · Written up by our desk · Equities

E.l.f. Beauty reported that it received $50 million in tariff refunds during its fiscal first quarter, a windfall that supported a sharp jump in profitability, CNBC Markets reports.

The company said profits were nearly doubled, with the tariff refunds credited as a key contributor to the improvement, according to the report.

CNBC Earnings also highlighted the same figures, noting that the refunds helped drive profits to increase by about 100% in the quarter.

← Newer storyFigma’s AI agent push helps drive an earnings beat

More like this

US MarketsCrowdStrike stock jumps after record second quarter results
US MarketsWall Street closes near flat after hotter-than-expected U.S. inflation print
US MarketsLas Vegas Sands faces a key test as analysts frame a new phase
US MarketsMeta reaches $18 billion settlement in child-safety lawsuit
US MarketsStocks waver as investors weigh inflation data and Nvidia earnings

Sources

CNBC MarketsE.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%
CNBC EarningsE.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.