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Ulta Beauty beat earnings estimates with $5.78 per share and $2.79 billion in revenue, up 9.3% year-over-year.
Ulta Beauty reported strong second-quarter earnings of $5.78 per share, beating estimates by $0.75, with $2.79 billion in revenue, a 9.3% year-over-year increase.
The company’s market cap stands at $23.74 billion, and analysts forecast full-year earnings of $23.96 per share with a “Moderate Buy” rating and a $550.38 target price.
Insider Mike C. Smith sold 500 shares on September 4, and major shareholders Universal Beteiligungs and Summitry LLC reduced their stakes during the quarter.
Ulta operates retail stores, online, and mobile platforms across the U.S.
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Ulta Beauty superó las estimaciones de ganancias con $5.78 por acción y $2.79 mil millones en ingresos, un aumento del 9.3% interanual.