ULTA - Ulta Beauty Q3 Earnings Highlights: Comparable Sales Up 4.5% Traffic Trends Remain Healthy CFO Succession Plan And More | Benzinga
Ulta Beauty Inc (NASDAQ: ULTA) reported third-quarter financial results after the bell on Thursday. Here's a look at the key metrics from the quarter.
Q3 Earnings: Ulta Beauty said third-quarter revenue increased 6.4% year-over-year to $2.49 billion, which beat the consensus estimate of $2.47 billion, according to Benzinga Pro. The specialty beauty retailer reported quarterly earnings of $5.07 per share versus $5.34 per share in the prior year's quarter.
Comparable sales increased 4.5% year-over-year, driven by a 5.9% increase in transactions and a 1.4% decrease in average ticket.
Operating income totaled $327.2 million, and net income was $249.5 million. The company ended the ...