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Ulta Beauty exceeded Wall Street's fiscal third-quarter earnings per share and revenue expectations. Following stronger-than-expected results, the retailer slightly raised its full-year outlook for net sales. Ulta expects holiday-quarter comparable sales to decline slightly. CEO Dave Kimbell cited digital tools, new brand launches, and exclusive offerings as key drivers of the strong quarter. Shares rose over 10% in after-hours trading.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Ulta Beauty exceeded Wall Street's fiscal third quarter earnings per share and revenue expectations.
00:07The retailer slightly raised its full-year outlook for net sales,
00:10following stronger than expected results.
00:12Ulta expects holiday quarter comparable sales to decline slightly.
00:16CEO Dave Kimball cited digital tools, new brand launches, and exclusive offerings
00:22as key drivers of the strong quarter.
00:24Shares rose over 10% in after-hours trading.
00:27For all things money, visit Benzinga.com slash GSTV.

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