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Ulta Beauty (ULTA), a chain of retailers of beauty products and hair salons, released its fourth-quarter results after the close, exceeding expectations, thanks to strong demand for the holiday season. The action Ulta Beauty has jumped 4% after trading hours on the stock market today.
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Ulta Beauty Gains
estimates: Wall Street expects earnings per share of Ulta Beauty in the fourth quarter to increase by 30% to $ 3.56. The Street's revenue is expected to grow 9 percent to $ 2.106 billion. According to Consensus Metrix, same-store sales are expected to grow by 7.9% overall.
Results: Same store sales increased 9.4%. Earnings per share were $ 3.61. Net sales were $ 2.12 billion.
Mary Dillon, CEO, said in a statement that "Ulta" continued to gain a significant share in all major categories, especially with native digital brands, with Ulta Beauty often being the only point of distribution in brick and mortar " .
According to CFRA, Ulta offers more than 20,000 products under about 500 brands, including its own private label offers.
The company also expects same-store sales growth for the full year of approximately 6% to 7%, with e-commerce sales growth ranging from 20% to 30%.
Ulta said it expected earnings per share of $ 12.65 to $ 12.85 for the full year, including the impact of a buyout. stock of 700 million USD and an effective tax rate of 24%.
Action Ulta Beauty
The Ulta Beauty stock is expanded from a cup base handle purchase point. The Ulta Beauty stock has a composite score of 96 out of a maximum of 99.
The EPS rating of the Ulta Beauty stock, at 97, is also high, indicating earnings per share growth. But the relative strength of the shares, a measure of the performance of an action against the S & P 500 index, is also blurred.
Unlike many physical retailers, analysts have claimed over the years that "Ulta" was protected against Amazon (AMZN) by giving people a reason to visit their store.
The salons of Ulta help on this front. But Fast Beauty, a line of beauty products, has recently appeared exclusively in the Amazon market, said CNBC. But CFRA analysts this week said that Ulta still surpassed Amazon in online searches for skin care and makeup.
"As such, we do not see AMZN redo the beauty industry," said CFRA analyst Camilla Yanushevsky in a research note.
She added, "According to GlobalData, four out of five millennia like to experiment with foreign products, with a broad selection of high-end, independent brands and in-store testers, we see ULTA as the beauty supplier of choice."
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