Key Takeaways
Ulta Beauty (
ULTA
) shares are jumping 7% in premarket trading Friday, a day after the cosmetics retailer reported better-than-expected fourth-quarter results.
Ulta posted earnings per share (EPS) of $8.46 on net sales of $3.49 billion, ahead of Visible Alpha estimates of $7.13 and $3.46 billion, respectively. Comparable sales growth of 1.5% surpassed expectations of a 0.8% increase.
The company sees 2025 EPS of $22.50 to $22.90, net sales of $11.5 billion to $11.6 billion, and comparable sales between flat and up 1%. All are below expectation.
CEO Kecia Steelman, who took over the role after Dave Kimbell retired in January , said the upcoming fiscal year will be "pivotal," as the company invests to fuel its growth and seeks to "optimize" its business.
Ulta shares had fallen nearly 45% in the past 12 months entering Friday.
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