earnings
confidence high
sentiment positive
materiality 0.75
Ulta Beauty reports Q1 record results; raises FY2022 guidance
Ulta Beauty, Inc.
2022-Q1 EPS reported
$6.30
revenue$2,345,901,000
- Net sales $2.3B (+21% YoY); comparable sales +18.0% driven by 10% transaction growth.
- Net income $331.4M, diluted EPS $6.30 vs $4.10 in prior year quarter.
- Gross margin 40.1% vs 38.9% a year ago; operating margin 18.7% vs 15.8%.
- Updated FY2022 outlook: net sales $9.35-9.55B, EPS $19.20-$20.10; prior $18.20-$18.70.
- Repurchased 331,834 shares for $132.8M in Q1; $1.87B remaining under $2B program.