Ulta: Fiscal Q2 Earnings Snapshot
By AP News
Published - Aug 29, 2024, 04:14 PM ET
Last Updated - Aug 29, 2024, 04:14 PM EDT
BOLINGBROOK, Ill. (AP) — BOLINGBROOK, Ill. (AP) — Ulta Beauty Inc. (ULTA) on Thursday reported fiscal second-quarter net income of $252.6 million.
On a per-share basis, the Bolingbrook, Illinois-based company said it had net income of $5.30.
The results missed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $5.45 per share.
The beauty products retailer posted revenue of $2.55 billion in the period, also falling short of Street forecasts. Eleven analysts surveyed by Zacks expected $2.61 billion.
