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Rhode

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e.l.f. Beauty surges on Rhode deal, raises full-year outlook
business29 days ago

e.l.f. Beauty surges on Rhode deal, raises full-year outlook

e.l.f. Beauty topped Q3 2026 expectations with adjusted EPS of $1.24 on about $490 million in revenue, up 38% year over year. Net sales reached roughly $489.5 million, aided by the acquisition of Hailey Bieber’s Rhode, which contributed $128 million this quarter and is now projected to reach up to $265 million in net sales this year. The company raised its full-year revenue outlook by about $42–$50 million amid ongoing strong growth and a successful Sephora launch in the UK, sending the stock higher in after-hours trading.

via CNBC|
#business#earnings-beat#elf-beauty
Hailey Bieber's Rhode Skincare Achieves $1 Billion Sale, Joining the Billionaire Club
business9 months ago

Hailey Bieber's Rhode Skincare Achieves $1 Billion Sale, Joining the Billionaire Club

Hailey Bieber's skincare brand Rhode was acquired for $1 billion less than three years after its launch, largely due to her willingness to learn from mistakes, such as packaging color issues, and embracing imperfections as part of the growth process, aligning with lessons from Warren Buffett on the importance of acknowledging and correcting mistakes promptly.

via CNBC|
#billion-dollar#business#hailey-bieber
Justin and Hailey Bieber Celebrate $1 Billion Sale of Rhode Cosmetics
entertainment9 months ago

Justin and Hailey Bieber Celebrate $1 Billion Sale of Rhode Cosmetics

Hailey Bieber announced a major partnership with e.l.f. Beauty for her brand Rhode, celebrating a significant milestone that garnered support from celebrities and fans. Justin Bieber posted a supportive but wordless Instagram story about Hailey's achievement, following recent controversy over his previous comments about her Vogue cover. The event highlights Hailey's growing influence in the beauty industry and the public's interest in her career and personal life.

via BuzzFeed|
#celebrity-support#elf-beauty#entertainment
Hailey Bieber's Rhode Brand Sells for $1 Billion, Joining the Billionaire Club
entertainment9 months ago

Hailey Bieber's Rhode Brand Sells for $1 Billion, Joining the Billionaire Club

Justin Bieber publicly supported his wife Hailey Bieber's skincare brand Rhode's $1 billion acquisition by e.l.f. Beauty with a no-caption Instagram post, sparking reactions and jokes from fans. The post highlighted Hailey's achievement, but Justin's previous controversial captions and ongoing relationship rumors have kept public attention on their personal lives.

via Hindustan Times|
#elf-beauty#entertainment#hailey-bieber
e.l.f. Acquires Hailey Bieber's Rhode for $1 Billion
business9 months ago

e.l.f. Acquires Hailey Bieber's Rhode for $1 Billion

Hailey Bieber's makeup brand Rhode has been sold to e.l.f. Beauty in a deal valued at up to $1 billion, with Bieber remaining as chief creative officer. The brand, launched in 2022 and rapidly growing through social media popularity, will expand its distribution globally, including plans to be sold in Sephora. The deal underscores the rising influence and valuation of celebrity-founded beauty brands.

via BBC|
#beauty-industry#business#celebrity-brands