Reported 4 months ago
Ulta Beauty reported first quarter adjusted earnings per share of $6.47, beating expectations, with net sales of $2.7 billion in line with expectations. Same-store sales rose 1.6%, but the company cut its full-year fiscal 2025 forecasts, expecting lower earnings per share of $25.20 to $26.00 and reduced net sales of $11.5 billion to $11.6 billion. Ulta also revised its comparable sales forecast to +2% to +3% from the previous +4% to +5%. Yahoo Finance's Julie Hyman and Josh Lipton provide analysis of Ulta's results.
Source: YAHOO