Ulta Beauty beats on top and bottom lines in Q4, revises full-year guidance By Investing.com
© Reuters. Ulta Beauty (ULTA) beats top and bottom lines in Q4, revises full-year guidance
Ulta Beauty (NASDAQ:) reported better-than-expected earnings and revenue for the fiscal Q4 2023 and revised guidance for the full-year operating margin and capital expenditure.
The company’s shares fell over 3% in after-hours trading Thursday.
For Q4 2023, the American chain of beauty stores reported earnings per share (EPS) of $8.08, beating the analysts’ prediction of $7.52.
Quarterly revenues stood at $3.6 billion, topping the anticipated $3.53 billion.
Comparable sales grew by 2.5%, a significant drop from the previous year’s 15.6% but slightly ahead of the…
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