Reports Q3 revenue $2.53B, consensus $2.5B. Reports Q3 SSS up 0.6%. “The Ulta Beauty (ULTA) team delivered better-than-expected sales and profitability reflecting improved sales trends and strong financial discipline. I am proud of the progress we’ve made and encouraged by early signs that our efforts to reinforce our market position and drive improved performance are gaining traction. As we look to the remainder of fiscal 2024, we are focused on executing with excellence across our key initiatives to deliver in a dynamic environment,” said Dave Kimbell, chief executive officer. “We remain confident that our model and strategies will drive long-term profitable growth and share leadership by enhancing our position as the destination for beauty enthusiasts for a lifetime.”
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ULTA:
- Ulta Beauty options imply 6.1% move in share price post-earnings
- Notable companies reporting after market close
- Options Volatility and Implied Earnings Moves Today, December 05, 2024
- Ulta Beauty price target raised to $476 from $442 at Canaccord
- Ulta Beauty (ULTA) Q3 Earnings Preview: Analysts’ Estimates Indicate Challenges