Ulta: Fiscal 3Q Earnings Snapshot

By The Associated Press

BOLINGBROOK, Ill. (AP) _ Ulta Beauty Inc. (ULTA) on Thursday reported fiscal third-quarter net income of $74.8 million.

The Bolingbrook, Illinois-based company said it had profit of $1.32 per share. Earnings, adjusted for non-recurring costs, were $1.64 per share.

The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.

The beauty products retailer posted revenue of $1.55 billion in the period, matching Street forecasts.

Ulta shares have increased 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $288.48, an increase of 22% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULTA at https://www.zacks.com/ap/ULTA

The Associated Press

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