Ulta Beauty Announces Fourth Quarter Fiscal 2019 Results
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Ulta Salon (ULTA) Tops Q4 EPS by 16c; Offers FY20 EPS Guidance Above Consensus
March 12, 2020 4:06 PM EDTUlta Salon (NASDAQ: ULTA) reported Q4 EPS of $3.89, $0.16 better than the analyst estimate of $3.73. Revenue for the quarter came in at $2.31 billion versus the consensus estimate of $2.32 billion.
For the Fourth Quarter of Fiscal 2019
Net sales increased 8.5% to $2,305.9 million compared to $2,124.7 million in the fourth quarter of fiscal 2018;Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 4.0% compared to an increase of 9.4% in the fourth quarter of fiscal 2018. The 4.0% comparable sales increase was driven by 1.8% transaction growth and 2.2% growth in average ticket;Gross profit as... More