E.l.f. Beauty's profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to impact the cosmetic company's bottom line.

In the three months ended June 30, E.l.f.'s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of its products from China , also declined to provide a full-year revenue guide, citing the "wide range of potential outcomes" related to the new duties .

Instead, the company only issued guidance for the first half of the fiscal year. E.l.f. said it's expecting sales growth to be above 9% in the first half of the year and adjusted earnings before interest, taxes, depreciation, and amortization margins to be 20%, compared with 23% in the first half of the previous fiscal year.

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