A $50 Million Reason Why ELF Stock Is Up Today The Supreme Court's decision to strike down President Donald Trump's tariffs has dealt a significant blow to the US government's coffers, but for E. L. F.
Beauty (ELF), it's a welcome windfall. The company is set to receive about $50 million in tariff refunds plus interest, which will undoubtedly boost its bottom line.
This development comes at an opportune time for ELF, which has been adapting to the challenges of a rapidly evolving beauty market.