Overview
- Ulta now projects about $12.3 billion in full‑year sales and earnings of $25.20 to $25.50 per share, its second guidance raise this year.
- Third‑quarter results topped estimates with EPS of $5.14 on revenue of roughly $2.86 billion, as comparable sales rose 6.3% with ticket up 3.8% and transactions up 2.4%.
- Management cited product newness, stronger in‑store and digital experiences, and robust demand across fragrance, skincare and makeup as key drivers.
- Sales benefited from the Space NK acquisition, 28 new U.S. stores, seven openings in Mexico, and the first Middle East franchise store in Kuwait.
- Shares jumped about 14% to record levels as multiple firms raised price targets, and Christopher DelOrefice took over as CFO on Dec. 5.