For the quarter ended July 2024, Ulta Beauty (ULTA) reported revenue of $2.55 billion, up 0.9% over the same period last year. EPS came in at $5.30, compared to $6.02 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.61 billion, representing a surprise of -2.24%. The company delivered an EPS surprise of -2.75%, with the consensus EPS estimate being $5.45. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Ulta Beauty (ULTA) came out with quarterly earnings of $5.30 per share, missing the Zacks Consensus Estimate of $5.45 per share. This compares to earnings of $6.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.75%. A quarter ago, it was expected that this beauty products retailer would post earnings of $6.19 per share when it actually produced earnings of $6.47, delivering a surprise of 4.52%. Over the last four quarters ...

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Ulta Beauty shares fell 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period. It was the company's first earnings per share miss since May 2020 and first revenue miss since December 2020. Comparable sales for the second quarter fell 1.2%, compared with an 8% increase a year earlier and well below the 1.2% grow ...

Table of Contents 60440 (Zip code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.01 per share ULTA The NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended August 3, 2024 or ☐ Transition Report Pursuant to Section 13 o ...

Exhibit 99.1 ULTA BEAUTY ANNOUNCES SECOND QUARTER FISCAL 2024 RESULTS Net Sales of $2.6 Billion Compared to $2.5 Billion in the Year-Ago Quarter Comparable Sales Decreased 1.2% Net Income of $252.6 Million or $5.30 Per Diluted Share Bolingbrook, IL – August 29, 2024 – Ulta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period ("second quarter") and twentysix-week period ("first six months") ended August 3, 2024 compared to the same periods ended July 29, 2023. | --- | -- ...

JP Morgan analyst Christopher Horvers reiterated an Overweight rating on Ulta Beauty, Inc. ULTA, lowering the price forecast to $450 from $544. The company will report its earnings results tomorrow after the closing bell. Horvers lowered the company's comp forecast to flat for the second quarter, as most investors expect a -1% outcome. The analyst has reduced the comps estimate for the second half of 2024 to +1%, with a revised second-quarter EPS of $5.46 and FY24 EPS of $25.10, compared to the consensus es ...

The company has set itself apart in the competitive world of cosmetics retail. Ulta Beauty (ULTA 0.18%) has recently gotten much attention because of the large stake unexpectedly purchased by Warren Buffett's Berkshire Hathaway. With a higher profile, the cosmetics retailer is also winning attention from a clutch of analysts, with one of those pundits recently modifying his price target on the shares. Price target reduced; bullish stance maintained Baird's Mark Altschwager recently cut said price target to ...

Ulta Beauty, Inc. (ULTA) is likely to register top-line growth when it reports second-quarter fiscal 2024 earnings on Aug 29. The Zacks Consensus Estimate for revenues is pegged at $2.62 billion, suggesting an increase of 3.5% from the prior-year quarter's reported figure. However, the bottom line is likely to decline year over year. The consensus mark for quarterly earnings has dropped by 1 cent in the past 30 days to $5.49 per share. This indicates a decline of 8.8% from the year-ago quarter's reported fi ...

In its upcoming report, Ulta Beauty (ULTA) is predicted by Wall Street analysts to post quarterly earnings of $5.49 per share, reflecting a decline of 8.8% compared to the same period last year. Revenues are forecasted to be $2.62 billion, representing a year-over-year increase of 3.5%. Over the last 30 days, there has been a downward revision of 2.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial ...

This isn't an industry Buffett usually targets, but the company fits his model perfectly. Warren Buffett surprised investors with his recent purchase of Ulta Beauty (ULTA 1.17%) stock. A cosmetics stock seems like an unlikely buy for a portfolio heavy with financial stocks and old standards, but Ulta fits the Buffett model quite well. Let's see why, and if Ulta might be a good pick for you, too. Ulta isn't really a surprising Buffett pick Buffett-led Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) opened a ne ...