Market Updates
Ulta Same Store Sales Growth Plunges to 14%
Scott Peters
26 Aug, 2022
New York City
Ulta Beauty Inc fell 1.3% to $413.88 after the company's latest quarterly results exceeded expectations and also issued a positive outlook for the year.
Fiscal year second quarter revenues increased to $2.3 billion from $1.97 billion a year ago.
Same store sales growth plunged to 14.4% from 56.3% a year ago as stimulus and pandemic relief payment lapped.
Gross profit as a percentage of sales was 40.4% compared to 40.6% a year ago.
Net income increased 17.8% to $295.7 million compared to $250.9 million and diluted earnings rose to $5.70 from $4.56 a year ago.
The cosmetic retailer and beauty salon lifted annual sales outlook to between $9.65 billion and $9.75 billion from the previous estimate between $9.35 billion and $9.55 billion.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|