Overview
- The company now expects about $12.3 billion in full‑year net sales and $25.20 to $25.50 in EPS, with comparable sales growth of 4.4% to 4.7%.
- Fiscal Q3 results topped estimates with revenue around $2.86 billion and earnings of $5.14 per share, as comparable sales rose 6.3%.
- Fragrance delivered double‑digit comparable growth, skincare posted high‑single‑digit gains, makeup grew mid‑single digits, and online sales were notably strong.
- Management cited execution on loyalty expansion, October’s UB marketplace launch, contributions from the Space NK acquisition, and new stores in Mexico and Kuwait.
- Margins benefited from lower e‑commerce shipping costs and reduced inventory shrink, and shares climbed roughly 4% to 6% in extended and premarket trading.