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Ulta Beauty Stock Jumps as Q4 Results Cheer Investors
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Key Points
- Ulta Beauty shares rose 7% in Friday’s listing trading the day after Cosmetics retailers reported better-than-expected fourth-quarter results.
- Ulta’s earnings per share, net sales and comparable sales exceeded analyst estimates despite its projection prospects for 2025.
- Ulta shares have fallen nearly 45% over the past 12 months.
Ulta Beauty (UltaThe day after the cosmetics retailer reported better-than-expected fourth-quarter results on Friday, shares rose 7% in previous Friday trading.
Ulta Release Earnings per share (EPS) Net sales were $3.49 billion USD 8.46, with visible Alpha estimated at $7.13 and $3.46 billion, respectively. Comparable sales The 1.5% growth exceeded the 0.8% expectation.
The company’s earnings per share ranged from $2025 to $22.50 to $22.90, with net sales of $11.5 billion to $11.6 billion, while sales between Flat and 1% are comparable. All of this is lower than expected.
CEO Kecia Steelman, who took over the role after Dave Kimbell Retired in Januarysaid the upcoming fiscal year will be “critical” as the company invests in growth and seeks to “optimize” its business.
Ulta shares have fallen nearly 45% over the past 12 months.
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