Ulta Beauty Reports Strong Q1 Results but Shares Decline on Cautious Full-Year Outlook
Ulta Beauty reported first-quarter earnings that beat estimates, with a 15.5% year-over-year increase in EPS and revenue growth of 11.1%. However, shares fell nearly 6% due to investors' disappointment over the company's only slightly raised full-year guidance.
Tickers: $ULTA
Topics: guidance update Q1 earnings stock price reaction Ulta Beauty