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Ulta Beauty, Inc. (NASDAQ:ULTA) is set to release first-quarter financial results, after the closing bell on Thursday.
Analysts expect the Bolingbrook, Illinois-based company to report quarterly earnings at $6.23 per share, down from $6.88 per share in the year-ago period. Ulta Beauty is expected to post revenue of $2.72 billion, according to data from Benzinga Pro. The company has topped analysts’ revenue expectations in 10 straight quarters.
On March 14, Ulta Beauty said fourth-quarter revenue increased 10.2% year-over-year to $3.55 billion, which beat the consensus estimate of $3.53 billion. The specialty beauty retailer reported quarterly earnings of $8.08 per share, which beat analyst estimates of 7.53 per share.
Ulta Beauty shares fell 0.8% to close at $378.28 on Wednesday.
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Posted In: ULTA