BOLINGBROOK, Ill. (AP) — BOLINGBROOK, Ill. (AP) — Ulta Beauty Inc. (ULTA) on Thursday reported fiscal first-quarter profit of $305.1 million.
On a per-share basis, the Bolingbrook, Illinois-based company said it had net income of $6.70.
The results topped Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $5.77 per share.
The beauty products retailer posted revenue of $2.85 billion in the period, also exceeding Street forecasts. Eleven analysts surveyed by Zacks expected $2.8 billion.
Ulta expects full-year earnings to be $22.65 to $23.20 per share, with revenue in the range of $11.5 billion to $11.7 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULTA at https://www.zacks.com/ap/ULTA
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