BOLINGBROOK, Ill. (AP) — BOLINGBROOK, Ill. (AP) — Ulta Beauty Inc. (ULTA) on Thursday reported fiscal fourth-quarter earnings of $393.3 million.
The Bolingbrook, Illinois-based company said it had profit of $8.46 per share.
The results surpassed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $7.10 per share.
The beauty products retailer posted revenue of $3.49 billion in the period, also topping Street forecasts. Twelve analysts surveyed by Zacks expected $3.46 billion.
For the year, the company reported profit of $1.2 billion, or $25.34 per share. Revenue was reported as $11.3 billion.
Ulta expects full-year earnings to be $22.50 to $22.90 per share, with revenue in the range of $11.5 billion to $11.6 billion.
_____
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.