Ulta Beats Q3 Forecasts, Raises Full-Year Sales Outlook. CEO Highlights Digital Tools And New Brands.

Benzinga 2024-12-06

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Ulta Beauty exceeded Wall Street's fiscal third-quarter earnings per share and revenue expectations. Following stronger-than-expected results, the retailer slightly raised its full-year outlook for net sales. Ulta expects holiday-quarter comparable sales to decline slightly. CEO Dave Kimbell cited digital tools, new brand launches, and exclusive offerings as key drivers of the strong quarter. Shares rose over 10% in after-hours trading.

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