Ulta Beauty, Inc. (NASDAQ: ULTA) reported net sales of $2.6 billion for the second quarter of 2024, which was up 0.9% from the same period a year ago, helped by new store contribution and growth in other revenue.
Comparable sales, which comprises sales for stores open at least 14 months and e-commerce sales, decreased 1.2%.
Net income was $252.6 million, or $5.30 per share, compared to $300.1 million, or $6.02 per share, last year.
For fiscal year 2024, the company expects net sales of $11.0-11.2 billion. Comparable sales are expected to be down 2% to flat. EPS is expected to range between $22.60-23.50.
The post Infographic: How Ulta Beauty (ULTA) performed in Q2 2024 first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
