Ulta Beauty Announces Fourth Quarter Fiscal 2023 Results

ULTA Salon (ULTA) PT Raised to $540 at BMO Capital

BMO Capital analyst Simeon Siegel raised the price target on ULTA Salon (NASDAQ: ULTA) to $540.00 (from $485.00) while maintaining a Market Perform rating.

The analyst comments "This evening, ULTA reported a top-and-bottom-line beat with better GM and SGA. Looking forward, in what will likely prove... More

ULTA Salon (ULTA) PT Raised to $636 at Deutsche Bank

Deutsche Bank analyst Krisztina Katai raised the price target on ULTA Salon (NASDAQ: ULTA) to $636.00 (from $627.00) while maintaining a Buy rating.

The analyst comments "Looking ahead, we see upside to +LSD 1H SSS guidance as consumer engagement remains solid with beauty categories. We... More

ULTA Salon (ULTA) PT Lowered to $630 at Evercore ISI, 'Messy Quarter'

Evercore ISI analyst Michael Binetti lowered the price target on ULTA Salon (NASDAQ: ULTA) to $630.00 (from $635.00) while maintaining a Outperform rating.

The analyst comments "A Messy 4Q Update ULTA beat 4Q EPS by a lot ($8.08 vs our $7.63, Street $7.53) on +2.5% SSS (ISI/Street:... More

ULTA Salon (ULTA) PT Raised to $665 at Piper Sandler, 'remains a top idea'

Piper Sandler analyst Korinne Wolfmeyer raised the price target on ULTA Salon (NASDAQ: ULTA) to $665.00 (from $635.00) while maintaining a Overweight rating.

The analyst comments "ULTA remains a top idea within our Beauty & Wellness coverage following FQ4 results, and while investors are getting increasingly... More

DA Davidson Out Positive on ULTA Salon (ULTA): 'Another Buying Opportunity'

DA Davidson analyst Michael Baker reiterated a Buy rating and $595.00 price target on ULTA Salon (NASDAQ: ULTA).

The analyst comments "Since bottoming last fall, ULTA has been a big outperformer, up 45% since mid-November, which is when discretionary retail started to outperform. With the... More

Ulta Beauty (ULTA) beats on top and bottom lines in Q4, revises full-year guidance

Ulta Beauty (NASDAQ: ULTA) reported better-than-expected earnings and revenue for the fiscal Q4 2023 and revised guidance for the full-year operating margin and capital expenditure.

The companys shares fell over 3% in after-hours trading Thursday.

For Q4 2023, the American chain of beauty stores reported earnings per share (EPS) of $8.08, outshining the analyst prediction of $7.52.

Quarterly revenues stood at $3.6 billion, topping the anticipated $3.53 billion.... More

Ulta Beauty (ULTA) Tops Q4 EPS by 56c, Beats on Revenue

Ulta Beauty (NASDAQ: ULTA) reported Q4 EPS of $8.08, $0.56 better than the analyst estimate of $7.52. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.53 billion.

For earnings history and earnings-related data on Ulta Beauty (ULTA) click here.