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E.l.f. Beauty (ELF) shares were up 5% in Monday trading after the company's rhode skincare brand said it will expand its retail presence in 19 additional European countries on Sept. 30 with Sephora.
The expansion will bring rhode to Belgium, Bulgaria, Croatia, Czech Republic, Denmark, France, Germany, Greece, Italy, Luxembourg, Monaco, Poland, Portugal, Romania, Serbia, Spain, Sweden, Switzerland and Turkey, rhode said.
Sephora will carry rhode's core skincare and makeup products online and in most stores, rhode said.
The European rollout follows rhode's 2025 launch with Sephora in the US, Canada and the UK and comes about a year after e.l.f. Beauty completed its $1 billion acquisition of the brand.
Price: $109.26, Change: $+5.16, Percent Change: +4.96%