by Mike Duff | Dec 5, 2023 | Retail Articles
Although net income fell year over year, Ulta Beauty beat Wall Street estimates for earnings and revenue as the company invested in initiatives, particularly on the digital side, and added Target shops. Net income was $249.5 million, or $5.07 per diluted share, versus...
by Mike Duff | Dec 1, 2023 | Retail Articles
Ulta Beauty announced Paula Oyibo, Ulta’s senior vice president of finance, will succeed retiring Scott Setterston as CFO, effective April 1, 2024. Setterston informed the company he will retire as CFO, treasurer and assistant secretary after nearly 20 years of...
by Mike Duff | Aug 25, 2023 | Appliances, Personal Care & Wellness, Retail Articles
As self care continues to resonate with consumers, Ulta Beauty posted another solid quarter of sales and earnings while noting growing sales from new beauty appliance developments. Net income by Ulta in its second quarter was $300.1 million, or $6.02 per diluted...
by Mike Duff | May 30, 2023 | Retail Articles
In the first fiscal quarter, Ulta Beauty recorded a strong comparable sales gain based on increased traffic as it beat Wall Street sales and earnings estimates. Ulta posted net sales of $347.1 million, or $6.88 per diluted share, versus $331.4 million, or $6.30 per...
by Mike Duff | Mar 21, 2023 | Featured News, Retail Articles
Target Corp.’s plans for 2023 include investing in additional stores and differentiated shopper experiences to position the company for long-term growth. The company reported plans to invest $4 billion to $5 billion in 2023 to expand its operating network of...
