Ulta Salon, Cosmetics & Fragrance, Inc. ULTA reported earnings Thursday night after the close, with EPS of $0.91 vs. expectations of $0.84. Revenues also topped estimates, coming in at $745.7 million compared to consensus of $733.3 million.
Gross margin improved by +34 bps year-over-year.
The company did guide slightly lower, now expecting fourth-quarter earnings of $1.21 to $1.26 a share on revenue of $997 million to $1.01 billion. Analysts were forecasting earnings of $1.27 a share on revenue of $1.01 billion.
Shares of Ulta were trading at $133.35 in the premarket, up 6.05 percent.
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