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Rhode accelerates expansion with goal to reach $1 billion in global net sales

WWD · ·by G4L

ELF
ELF e.l.f. Beauty Inc
$118.46 -0.04%
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  1. 1Rhode announced that its total net sales exceeded $500 million over the 12 months ending June 2026.
  2. 2E.l.f. Beauty's net sales of $520.8 million in the second quarter of fiscal year 2027 surged 51% year-over-year.
  3. 3Rhode, which was acquired for a $1 billion valuation in May 2025, expanded into Sephora North America and Europe.

So what's the key point?

Rhode's sales exceeded $500 million over one year. The company was acquired at a $1 billion valuation and expanded its reach into Sephora North America and Europe.

Source WWD · View original ↗

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