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Ulta Beauty raises annual forecast after quarterly profit beats estimates
Source: proactiveinvestors.com
Corporate EarningsCorporate Guidance & OutlookConsumer Demand & RetailCompany FundamentalsAnalyst Estimates
Ulta Beauty reported Q2 revenue of $3.0B, beating estimates of $2.96B, and raised full-year guidance. EPS was $6.55, up 13.3% YoY and ahead of the $6.18 estimate. The earnings beat plus guidance raise should be supportive for the stock, with a likely 1–3% move if reflected by the market.
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