Ulta Beauty Announces First Quarter Fiscal 2024 Results

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BofA Securities Reiterates Neutral Rating on ULTA Salon (ULTA)

May 31, 2024 5:47 AM EDT

BofA Securities analyst Lorraine Hutchinson reiterated a Neutral rating and $425.00 price target on ULTA Salon (NASDAQ: ULTA)

The analyst comments "We reiterate Neutral as we think long term sales opportunities are balanced by near-term revenue and margin pressure. ULTA reported 1Q EPS of $6.47,... More

ULTA Salon (ULTA) PT Lowered to $500 at Evercore ISI

May 31, 2024 4:52 AM EDT

Evercore ISI analyst Michael Binetti lowered the price target on ULTA Salon (NASDAQ: ULTA) to $500.00 (from $630.00) while maintaining a Outperform rating.

The analyst comments "Bottom Line: We were encouraged that ULTA took down its FY25 guidance (SSS now at +2-3% from +4-5% prior;... More

Ulta Beauty (ULTA) Tops Q1 EPS by $3.77, Offers Guidance

May 30, 2024 4:09 PM EDT

Ulta Beauty (NASDAQ: ULTA) reported Q1 EPS of $6.47, $3.77 better than the analyst estimate of $2.70. Revenue for the quarter came in at $0 versus the consensus estimate of $2.73 billion.

GUIDANCE:

Ulta Beauty sees FY2025 EPS of $25.20-$26.00, versus the consensus of $26.33.... More