Ulta Beauty Announces Fourth Quarter Fiscal 2020 Results
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Ulta Salon (ULTA) Tops Q4 EPS by $.06, Revenues Beat; Offers FY21 EPS Outlook
March 11, 2021 4:08 PM ESTUlta Salon (NASDAQ: ULTA) reported Q4 EPS of $3.41, $1.06 better than the analyst estimate of $2.35. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.08 billion.
For the Fourth Quarter of Fiscal 2020
Net sales decreased 4.6% to $2.2 billion compared to $2.3 billion in the fourth quarter of fiscal 2019 due to the impact of COVID-19.Comparable sales (sales for stores open at least 14 months, including stores temporarily closed due to COVID-19, and e-commerce sales) decreased 4.8% compared to an increase of 4.0% in the fourth quarter of fiscal 2019. In the fourth quarter of fiscal 2020, transactions declined... More