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Ulta: Fiscal 4Q Earnings Snapshot

BOLINGBROOK, Ill. (AP) _ Ulta Beauty Inc. (ULTA) on Thursday reported fiscal fourth-quarter profit of $214.7 million.

On a per-share basis, the Bolingbrook, Illinois-based company said it had net income of $3.61.

The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $3.56 per share.

The beauty products retailer posted revenue of $2.12 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $2.1 billion.

For the year, the company reported profit of $658.6 million, or $10.94 per share. Revenue was reported as $6.72 billion.

Ulta expects full-year earnings to be $12.65 to $12.85 per share.

Ulta shares have increased 28 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $312.51, a rise of 55 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULTA at https://www.zacks.com/ap/ULTA