News Formal

Ulta Beauty beats Wall Street's earnings expectations, despite fears of slowing demand

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

News Notícia

Portugal Últimas Notícias,Portugal Manchetes

The retailer hiked its full-year outlook slightly to reflect the better-than-expected results.

on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare.

For the fiscal year, it said it now expects net sales to range from $11.1 billion to $11.2 billion, compared with its previous guidance for $11 billion to $11.2 billion.Here's what the beauty retailer reported for the three-month period ended Nov.

Shares of the company have fallen, too. As of Thursday's close, Ulta's stock is down about 19% so far this year, trailing the S&P 500's approximately 28% gains during the same period. For the fiscal third quarter, the retailer reported net income of $242.2 million, or $5.14 per share, compared with $249.5 million, or $5.07 per share,Market FOMO? We go to the charts for attractive buy levels on 2 stocks we like

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 288. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks making the biggest moves midday: Palantir, Moderna, Ulta Beauty, Alibaba and moreThese are the stocks posting the largest moves in midday trading.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »