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00:02Ulta Beauty reported first quarter earnings of $7.74 per share,
00:08beating the analyst estimate of $6.86, according to Benzinga Prodata.
00:13Quarterly revenue reached $3.16 billion, topping the consensus estimate of $3.09 billion
00:19and rising from $2.85 billion in the year-ago period.
00:23Net sales climbed 11.1% to $3.2 billion,
00:27driven by comparable sales growth of 5.3%, the acquisition of Space NK, and new store openings.
00:34Gross profit rose 13.8% to $1.3 billion.
00:39SG and A expenses increased 14.6% to $814.7 million, primarily due to the Space NK acquisition.
00:48Ulta raised its fiscal 2026 GAAPEPS guidance to a range of $28.36 to $28.80
00:56versus the $28.42 estimate, and affirmed its revenue outlook of $13.14 billion to $13.26 billion.
01:05Shares climbed 5.43% to $521.95 in extended trading on Tuesday,
01:12according to data from Benzinga Pro.
01:14For all things money, visit Benzinga.com.
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