Key Takeaways
- Ulta Beauty shares are jumping 7% in premarket trading Friday, a day after the cosmetics retailer reported better-than-expected fourth-quarter results.
- Ulta’s earnings per share, net sales, and comparable sales all surpassed analysts’ estimates, though its outlook for 2025 undershot projections.
- Ulta shares had fallen nearly 45% in the past 12 months entering Friday.
Ulta Beauty (ULTA) shares are jumping 7% in premarket trading Friday, a day after the cosmetics retailer reported better-than-expected fourth-quarter results.
Ulta posted earnings per share (EPS) of $8.46 on net sales of $3.49 billion, ahead of Visible Alpha estimates of $7.13 and $3.46 billion, respectively. Comparable sales growth of 1.5% surpassed expectations of a 0.8% increase.
The company sees 2025 EPS of $22.50 to $22.90, net sales of $11.5 billion to $11.6 billion, and comparable sales between flat and up 1%. All are below expectation.
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 had fallen nearly 45% in the past 12 months entering Friday.
:max_bytes(150000):strip_icc()/INV_UtaBeautyStore_GettyImages-1263001936-ce0149a0148b42be86d48bb80aaec101.jpg?w=1200&resize=1200,0&ssl=1&description=Ulta+Beauty+Stock+Jumps+as+Q4+Results+Cheer+Investors){kind=link}