Ulta Beauty's (ULTA) Q3 Earnings Top Estimates, Shares Rise
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Q3 Numbers
Ulta Beauty’s earnings grew 3.2% to $2.25 per share and surpassed the Zacks Consensus Estimate of $2.13. This included gains from federal income tax credits. The year-over-year rise in the bottom line can be attributable to improved sales and margins.
Net sales of this cosmetics retailer grew 7.9% year over year to $1,682.5 million but missed the Zacks Consensus Estimate of $1,692 million. Comps (including stores and e-commerce) climbed 3.2%, compared with 7.8% growth recorded in the prior-year quarter and 6.2% in the preceding quarter. Increase in transactions and average ticket led to the increase. During the third quarter, the company registered a transaction increase of 2.3%, while average ticket was up 0.9%.
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https://finance.yahoo.com/news/ulta-beau...02841.html
...
Q3 Numbers
Ulta Beauty’s earnings grew 3.2% to $2.25 per share and surpassed the Zacks Consensus Estimate of $2.13. This included gains from federal income tax credits. The year-over-year rise in the bottom line can be attributable to improved sales and margins.
Net sales of this cosmetics retailer grew 7.9% year over year to $1,682.5 million but missed the Zacks Consensus Estimate of $1,692 million. Comps (including stores and e-commerce) climbed 3.2%, compared with 7.8% growth recorded in the prior-year quarter and 6.2% in the preceding quarter. Increase in transactions and average ticket led to the increase. During the third quarter, the company registered a transaction increase of 2.3%, while average ticket was up 0.9%.
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https://finance.yahoo.com/news/ulta-beau...02841.html
![[Bild: ULTAc1dl1300.png]](https://finviz.com/publish/120619/ULTAc1dl1300.png)
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