Ulta Beauty Q4 EPS $8.08 Beats $7.53 Estimate, Sales $3.55B Beat $3.53B Estimate
Portfolio Pulse from Happy Mohamed
Ulta Beauty (NASDAQ:ULTA) reported Q4 earnings of $8.08 per share, surpassing the $7.53 estimate, marking a 20.96% year-over-year increase. Sales reached $3.55B, exceeding the $3.53B estimate, up 10.13% from the previous year.
March 14, 2024 | 8:06 pm
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Ulta Beauty reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $8.08 and sales at $3.55B.
Ulta Beauty's earnings and sales beat are significant, indicating strong performance and potential growth. This outperformance, especially in a competitive retail environment, is likely to positively influence investor sentiment and could lead to a short-term uptick in ULTA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100