Investing.com - Ulta Beauty (NASDAQ:ULTA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ulta Beauty announced earnings per share of $3.41 on revenue of $2.20B. Analysts polled by Investing.com anticipated EPS of $2.31 on revenue of $2.07B.
Ulta Beauty shares are up 21.02% from the beginning of the year, still down 0.98% from its 52 week high of $350.96 set on March 11. They are outperforming the Nasdaq which is up 3.96% from the start of the year.
Ulta Beauty follows other major Services sector earnings this month
Ulta Beauty's report follows an earnings missed by Walmart on February 18, who reported EPS of $1.39 on revenue of $152.08B, compared to forecasts EPS of $1.51 on revenue of $148.49B.
Walt Disney had beat expectations on February 11 with first quarter EPS of $0.32 on revenue of $16.25B, compared to forecast for EPS of $-0.3551 on revenue of $15.89B.
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