Ulta Beauty (ULTA) Issues Quarterly Earnings Results
Ulta Beauty (NASDAQ:ULTA) released its quarterly earnings data on Thursday. The specialty retailer reported $2.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.41 by $0.05, Bloomberg Earnings reports. Ulta Beauty had a net margin of 9.67% and a return on equity of 32.15%. Ulta Beauty updated its Q3 guidance to $2.11-2.16 EPS.
ULTA stock opened at $244.41 on Friday. The company has a market capitalization of $14.59 billion, a price-to-earnings ratio of 29.95, a price-to-earnings-growth ratio of 1.20 and a beta of 0.72. Ulta Beauty has a 12 month low of $187.96 and a 12 month high of $261.40.
In other Ulta Beauty news, Director Vanessa Ames Wittman sold 600 shares of the business’s stock in a transaction that occurred on Friday, June 8th. The shares were sold at an average price of $249.94, for a total value of $149,964.00. Following the completion of the sale, the director now directly owns 2,785 shares of the company’s stock, valued at $696,082.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dennis K. Eck sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, June 22nd. The stock was sold at an average price of $251.53, for a total transaction of $880,355.00. Following the completion of the sale, the director now directly owns 380,294 shares of the company’s stock, valued at $95,655,349.82. The disclosure for this sale can be found here. Insiders sold 80,432 shares of company stock valued at $20,206,877 over the last three months. Insiders own 5.60% of the company’s stock.
About Ulta Beauty
Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, haircare and skincare products, bath and body products, and salon styling tools; salon services, including hair, skin, and brow services; and others, including nail products and accessories.
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