TD Cowen says Elf Beauty’s (ELF) sales are improving. Sales at Elf were up 17% year-over-year on a one week basis in the latest week reported and sales trends accelerated versus the prior week on a two year stack basis, the analyst tells investors in a research note. The firm adds the company’s share gains improved to 70 basis points on a four week basis versus the prior reporting period. TD has a Buy rating on Elf Beauty.
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