Ulta Beauty (NASDAQ:ULTA) shares popped nearly 9% in extended trading Thursday on third-quarter results that beat Street expectations.
The makeup retailer posted earnings of $5.07 per share, above analyst estimates of $4.99 per share, on revenue of $2.5 billion, above estimates of $2.47 billion.
“The third quarter represented another strong performance by the Ulta Beauty (NASDAQ:ULTA) team, as sales, gross profit, and diluted EPS all exceeded our internal expectations,” CEO Dave Kimbell said in a statement.
Ulta issued full-year EPS guidance of $25.20 to $25.60 per share and revenue guidance of $11.1 billion to $11.15 billion, compared to Street expectations of $25.37 per share and $11.16 billion, respectively.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
Follow him on X, formerly Twitter, @andrew_kessel