Categories Earnings, Other Industries

ULTA Earnings: A snapshot of Ulta Beauty’s Q1 2022 report

Ulta Beauty, Inc. (NASDAQ: ULTA) has reported stronger-than-expected earnings and revenues for the first quarter of 2022. The beauty store chain also raised its full-year guidance for revenue and earnings.

At $2.3 billion, first-quarter net sales were up 21% from the prior-year period, and above the consensus estimates. Comparable store sales increased 18% during the three-month period.

Net income moved up to $331.4 million or $6.30 per share in the first three months of fiscal 2022 from $230.3 million or $4.10 per share in the same period of 2021. Analysts were looking for slower growth for the latest quarter.


Read management/analysts’ comments on quarterly reports


“Solid execution of our strategies, paired with strong guest demand, fueled our financial performance and continued market share gains as we delighted our guests with exciting brand launches within our one-of-a-kind assortment and differentiated guest experiences,” said Dave Kimbell, chief executive officer of Ulta Beauty.

Prior Performance

  • Ulta Beauty Q4 2021 earnings infographic
  • Ulta Beauty reports Q2 2020 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top