Ulta Issues Weak Guidance, Signaling even the beauty industry is slowing down

An exterior view of an ulta beauty store at the monroe marketplace shopping center.

Paul Weaver | Sopa Images | Lightrocket | Getty Images

Even the beauty industry is expected a weak 2025.

Ulta beauty On Chiursday Gave WorsE full-Year Profit and Revenue Guidance Than Wall Street Expected, After Reporting Holiday-Quarter Results that Beat Analyst Forecasts.

The retailer, which appointed kecia steelman as its new ceo in january, said it’s expecting comparable sales to be flat or grow 1% in 2025, Whilele Analysts Had Anticipated The Anticipate the Anticipate According to Streetaccount.

It’s expecting full-yar earnings to be between $ 22.50 and $ 22.90, lower than expectations of $ 23.47, according to lseg.

Ulta is the latest company to Forecast a Rocky 2025, but it stands in contrast to other retailers beauty beauty has been a source of strength in the Industry in the industry Slowed.

Still, Shares Rose 6% in Extended Trading.

Here’s how the beauty retailer did in its fiscal fourth quarter compared with what wall street was anticipating, based on a survey of analysts by lseg:

  • Earnings per share: $ 8.46 vs. $ 7.12 Expected
  • Revenue: $ 3.49 billion vs. $ 3.46 billion expected

The company’s reported net income for the three-month period that ended Feb. 1 was $ 393 million, or $ 8.46 per share, compared with $ 394 million, or $ 8.08 per share, a year earlier.

Sales dropped to $ 3.49 billion, down about 2% from $ 3.55 billion a year earlier. Like other retailers, Ulta benefited from an extra seling week in the year -go period, which has negatively skewed results.

(Tagstotranslate) Retail industry

Source link

Leave a Comment