Ulta Beauty, Inc. (ULTA) announced its third-quarter profit, surpassing Wall Street predictions. The company reported earnings of $242.18 million, or $5.14 per share, slightly down from the $249.48 million, or $5.07 per share, recorded in the third quarter of the previous year. On average, analysts, as reported by Thomson Reuters, anticipated earnings of $4.52 per share, excluding any special items.
Revenue for the quarter experienced a modest growth of 1.7%, increasing to $2.530 billion from $2.488 billion compared to the same period last year.
Key financial highlights for Ulta Beauty, Inc. (GAAP):
- Third-Quarter Earnings: $242.18 million, compared to $249.48 million the previous year.
- Earnings Per Share (EPS) for Q3: $5.14, up from $5.07 last year.
- Third-Quarter Revenue: $2.530 billion, up from $2.488 billion the prior year.
Guidance for the fiscal year includes:
- Estimated EPS: Ranging from $23.20 to $23.75.
- Projected Revenue: Between $11.1 billion and $11.2 billion.
