BUZZ-Ulta Beauty rises following quarterly sales and profit beat

Reuters
03-14
BUZZ-Ulta Beauty rises following quarterly sales and profit beat

** Shares of cosmetics seller Ulta Beauty ULTA.O rise 6.4% to $334.59 in extended trading

** Company reports Q4 net sales of $3.49 billion, vs estimates of $3.46 billion, according to data compiled by LSEG

** ULTA reports Q4 profit of $8.46/shr compared with estimates of $7.12/shr

** Company forecasts 2025 net sales to be in the range of $11.5 billion to $11.6 billion, vs estimates of $11.67 billion

** Ulta forecasts annual profit per share to be between $22.50 and $22.90 vs estimates of $23.47 per share

** As of the last close, stock down 27.8% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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