Ulta Beauty Stock Climbs On Q4 Earnings Beat: 'Fiscal 2025 Will Be A Pivotal Year'

Benzinga

Ulta Beauty's fourth-quarter revenue and earnings per share exceeded analyst expectations, according to Benzinga Pro. The company opened nine new stores and closed one, while merchandise inventories increased 13% year-over-year.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Ulta Beauty's fourth quarter revenue and earnings per share exceeded analysts' expectations,

00:06according to Benzinga. The company opened nine new stores and closed one,

00:10while merchandise inventories increased 13% year-over-year.

00:14Ulta Beauty's CEO expressed optimism about the company's future,

00:17citing a strong business model, long-term strategy, and dedicated associates.

00:22She added that 2025 will be a pivotal year as the cosmetics retailer makes purposeful

00:26investments and optimizes its businesses. The company projects modest revenue and

00:31earnings growth for fiscal year 2025, with expectations falling below analysts' estimates.

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