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Ulta Beauty: Strong EPS, Revenue Gains

TheMotleyFool

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U.S. specialty beauty retailer Ulta Beauty (NASDAQ:ULTA) reported fiscal 2024 fourth-quarter results on Thursday, March 13, that topped analysts' consensus expectations. Q4 EPS of $8.46 beat expectations of $7.13 while revenue also exceeded projections, coming in at $3.49 billion, against an estimated $3.47 billion. Revenue did dip 1.9% year over year, attributed to a previous fiscal boost from an extra week in the prior year.

Overall. the results indicate a solid quarter bolstered by a strategic focus on omnichannel retail and exclusive product offerings.

Source: Ulta Beauty. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.

Source Fool.com