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Ulta Beauty: Stronger First-Quarter Results, Outlook Disappoints

Sharon Bailey
Updated
Ulta Beauty: Stronger First-Quarter Results, Outlook Disappoints

On May 31, Ulta Beauty (ULTA) announced better-than-expected results for the fiscal first quarter of 2018, which ended on May 5. Ulta Beauty’s earnings outlook for the fiscal second quarter lagged analysts’ expectations. Ulta Beauty’s sales rose 17.4% on a YoY (year-over-year) basis to $1.54 billion in the fiscal first quarter.

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