Jeff Greenberg via Getty Images / Education Images/Universal Images Group
Key Takeaways
- Ulta Beauty shares are up by 7% on Friday morning, after the cosmetics retailer announced better-than-expected results for its fourth quarter.
- Ulta's earnings per share, net sales, and comparable sales all surpassed analysts' estimates, though its outlook for 2025 undershot projections.
- Ulta shares were down nearly 45% within the last 12 months as of Friday.
Ulta Beauty shares are up 7% in Friday’s premarket trading, a day following the retailer’s better-than expected fourth-quarter results.
Ulta’s earnings per share were $8.46 and its net sales were $3.49 billion. This was ahead of Visible Alpha’s estimates, which were $7.13 each, and $3.46 billion respectively. Sales growth of 1.5% was higher than expected, compared to the 0.8% increase.
The company expects 2025 EPS between $22.50 and $22.90 and net sales between $11.5 billion and $11.6 billion. Comparable sales are expected to be flat or up 1%. All are below expectations.
CEO Kecia Steelman, who took over the role after Dave Kimbell retired in January, said the upcoming fiscal year will be “pivotal,” as the company invests to fuel its growth and seeks to “optimize” its business.
Ulta shares were down nearly 45% within the last 12 months as of Friday.
