Ulta Salon (ULTA) Tops Q2 EPS by 70c, Revs Miss; Notes Improving Trends

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Ulta Beauty Announces Second Quarter Fiscal 2020 Results

August 27, 2020 4:03 PM EDT

Net Sales of $1.2 billion compared to $1.7 billion in the year-ago quarter
Comparable Sales decreased (26.7%)
Sales from e-commerce operations increased more than 200%
Net income of $8.1 million or $0.14 per dilutive share
Adjusted net income of $41.5 million or $0.73 adjusted per dilutive share

BOLINGBROOK, Ill.--(BUSINESS WIRE)-- Ulta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period (Second Quarter) and twenty-six-week period (First Six Months) ended August 1, 2020 compared to the same periods ended August 3, 2019. During the second quarter of fiscal 2020, the... More