Ulta: Fiscal Q1 Earnings Snapshot
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.