By  on November 5, 2018

E.l.f. Beauty posted an 11 percent sales dip for the third quarter.

The business brought in $63.9 million in net sales for the quarter, due in part to a dip in sales to discount channels, the company said. Net income also fell, to $8.4 million, or 17 cents per diluted share, from $9.6 million, or 20 cents per diluted share in the prior-year period.

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