The fact that? Eleven Beauty reported an annual increase of 9% in net sales for the first quarter of fiscal year 2016, with profits in retail channels and electronic commerce.
The details Net sales reached US $ 353.7 million, while Attleda increased 12% to US $ 87.1 million, or 25% or net sales. The gross margin decreased 215 basic points to 69%, mainly due to rates. EPS adjusted was US $ 0.89; Gaap EPS was US $ 0.58. SG&A expenses increased to US $ 195.8 million, driven by greater marketing, visual marketing and digital costs, partially compensated by a reduction in compensation and the expense of operations.
Why? The results reflect the sustained first -line impulse driven by a strong consumer participation and the execution of the channels, the increase in the costs of the rate and the increase in the brand’s investment continue with the pressure margins.
Fountain: Business Cable
