Ulta: Fiscal Q1 Earnings Snapshot
By Ap News
Published - May 30, 2024, 04:15 PM ET
Last Updated - May 30, 2024, 04:15 PM EDT
BOLINGBROOK, Ill. (AP) — BOLINGBROOK, Ill. (AP) — Ulta Beauty Inc. (ULTA) on Thursday reported fiscal first-quarter earnings of $313.1 million.
The Bolingbrook, Illinois-based company said it had net income of $6.47 per share.
The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $6.19 per share.
The beauty products retailer posted revenue of $2.73 billion in the period, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $2.72 billion.
