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Ulta Magnificence, Inc. (NASDAQ: ULTA) has reported a pointy enhance in gross sales for the third quarter of 2022 when the wonder retailer chain’s comparable retailer gross sales rose in double digits. The corporate additionally raised its full-year 2022 steerage.
At $2.34 billion, third-quarter web gross sales climbed 17.2% from the prior-year interval. Comparable retailer gross sales elevated by 14.6% throughout the three-month interval.
Internet earnings moved as much as $274.6 million or $5.34 per share in the newest quarter from $215.3 million or $3.94 per share in the identical interval of 2021. The administration presently expects full-year gross sales to be within the vary of $9.95 billion to $10.00 billion, which is increased than the prior steerage.
Learn administration/analysts’ feedback on quarterly studies
“Our third quarter outcomes mirror the sustained resilience of the wonder class and the sturdy emotional connection and loyalty now we have cultivated with our friends. I’m assured our enterprise mannequin, which provides unmatched breadth, worth, and comfort, is much more related as we speak and unlocks alternatives to additional delight friends as we proceed to guide the wonder class,” mentioned Dave Kimbell, chief govt officer of Ulta Magnificence.
Prior Efficiency
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