Ulta Beauty, Inc. (NASDAQ: ULTA) reported second quarter 2020 earnings results today.
Net sales decreased 26.3% to $1.2 billion due to the impact of COVID-19. Comparable sales fell 26.7%.
Net income was $8.1 million, or $0.14 per share, compared to $161.3 million, or $2.76 per share, in the same period last year. Adjusted net income was $41.5 million, or $0.73 per share.
The company is not providing specific guidance at this time but expects sales to remain challenged for the rest of the year.
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