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Ulta 1Q Profit Misses Analysts' Expectations -- Earnings Review

Por: MarketWatch Business May 25, 2023

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-- SALES: The beauty retailer posted total sales of $2.63 billion, beating analysts expectations of $2.62 billion. The company reported revenue of $2.35 billion for the same period a year earlier. WHAT WE WATCHED: -- REVENUE GROWTH: Ulta's revenue growth was driven by increased comparable sales and strong new store performance, it said. Comparable sales increased 9.3% in the period. -- AVERAGE TICKET SALES: The retailer saw a 1.5% decline... + full article



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