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Ulta: Fiscal Q1 Earnings Snapshot

May 26, 2022 GMT

BOLINGBROOK, Ill. (AP) _ Ulta Beauty Inc. (ULTA) on Thursday reported fiscal first-quarter earnings of $331.4 million.

On a per-share basis, the Bolingbrook, Illinois-based company said it had profit of $6.30.

The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.44 per share.

The beauty products retailer posted revenue of $2.35 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $2.14 billion.

Ulta expects full-year earnings to be $19.20 to $20.10 per share, with revenue in the range of $9.35 billion to $9.55 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULTA at https://www.zacks.com/ap/ULTA