e.l.f. Beauty agrees to Rhode acquisition deal valued at up to $1 billion
ELF e.l.f. Beauty Inc
$113.54 -2.21%
View chart & analysis → - 1e.l.f. Beauty has agreed to an acquisition deal for Rhode valued at up to $1 billion.
- 2Rhode recorded net sales of approximately $390 million in fiscal year 2026.
- 3Rhode's fiscal year 2026 net sales showed an 80% increase compared to the previous year.
So what's the key point?
e.l.f. Beauty has decided to purchase Rhode for up to $1 billion. This deal was made because Rhode's sales grew by 80%.
Source Fortune · View original ↗
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