Ulta Beauty Boosts Sales Forecast, Holiday Gift Trends Bode Well

Ulta Beautys third quarter results exceeded expectations, with earnings per share at $5.14 and revenue at $2.86 billion. The company raised its full-year sales and profit forecasts for the second consecutive quarter, now anticipating net sales of approximately $12.3 billion. This positive outlook is driven by strong beauty product sales across the U.S. and is expected to continue into the holiday season.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.