Ulta Beauty, Inc. (NASDAQ: ULTA) reported net sales of $2.6 billion for the first quarter of 2023, up 12.3% from the same period a year ago. Comparable sales grew 9.3%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/05/Ulta-Beauty-Q1-2023-Earnings-Infographic-649x1024.jpg)
Net income increased 4.7% to $347.1 million while EPS rose 9.2% to $6.88 compared to last year.
For fiscal year 2023, net sales are expected to be $11.0-11.1 billion while comparable sales are expected to increase 4-5%. EPS is expected to be $24.70-25.40.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/03/Ulta-Beauty-Q4-2022-Earnings-Infographic-649x1024.jpg)
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