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Key Takeaways
- Ulta Magnificence shares are leaping 7% in premarket buying and selling Friday, a day after the cosmetics retailer reported better-than-expected fourth-quarter outcomes.
- Ulta’s earnings per share, web gross sales, and comparable gross sales all surpassed analysts’ estimates, although its outlook for 2025 undershot projections.
- Ulta shares had fallen practically 45% prior to now 12 months getting into Friday.
Ulta Magnificence (ULTA) shares are leaping 7% in premarket buying and selling Friday, a day after the cosmetics retailer reported better-than-expected fourth-quarter outcomes.
Ulta posted earnings per share (EPS) of $8.46 on web gross sales of $3.49 billion, forward of Seen Alpha estimates of $7.13 and $3.46 billion, respectively. Comparable gross sales development of 1.5% surpassed expectations of a 0.8% improve.
The corporate sees 2025 EPS of $22.50 to $22.90, web gross sales of $11.5 billion to $11.6 billion, and comparable gross sales between flat and up 1%. All are under expectation.
CEO Kecia Steelman, who took over the function after Dave Kimbell retired in January, stated the upcoming fiscal 12 months can be “pivotal,” as the corporate invests to gasoline its development and seeks to “optimize” its enterprise.
Ulta shares had fallen practically 45% prior to now 12 months getting into Friday.
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