×
70 993
Fashion Jobs
MACY'S
Manager, Merchandise Execution
Permanent · Scottsdale
MACY'S
Asset Protection Detective, Fairfield Commons - Full Time
Permanent · Beavercreek
MACY'S
Asset Protection Detective, Center City - Full Time
Permanent · Philadelphia
MACY'S
Asset Protection Hourly Supervisor, Cheshire - Full Time (2840)
Permanent · Cheshire
MACY'S
Asset Protection Officer, Secaucus st fj - Part Time (2840)
Permanent · Secaucus
MACY'S
Asset Protection Detective, Square One - Part Time
Permanent · Saugus
MACY'S
Asset Protection Detective, Northridge Fashion Center - Full Time
Permanent · Los Angeles
MACY'S
Asset Protection Officer, Goodyear - Part Time (2840)
Permanent · Goodyear
MACY'S
Asset Protection Detective, Newpark - Full Time
Permanent · Newark
MACY'S
Asset Protection Security Guard, Boston - Part Time
Permanent · Suffolk
MACY'S
Asset Protection Detective, Willowbrook - Full Time
Permanent · Wayne
MACY'S
Asset Protection Detective, Bay Plaza - Full Time
Permanent · Bronx
MACY'S
Asset Protection Detective, Santa Ana Mainplace - Part Time
Permanent · Santa Ana
MACY'S
Retail Cosmetics Stock - Clinique, Valley Fair - Full Time
Permanent · Santa Clara
MACY'S
Asset Protection Detective, Willow Grove Park - Full Time
Permanent · Willow Grove
MACY'S
Asset Protection Detective, Herald Square - Full Time
Permanent · New York
MACY'S
Asset Protection Captain, North County Fair - Full Time
Permanent · Escondido
MACY'S
Asset Protection Security Guard, Aurora Town Center - Part Time
Permanent · Aurora
MACY'S
Asset Protection Detective, West County Center - Full Time
Permanent · Old Saint Louis
MACY'S
Asset Protection Detective, Lenox Square - Part Time
Permanent · Atlanta
DESIGNER BRANDS
Merchandise Planner Wholesale, Vmi
Permanent · Columbus
MICHAEL KORS
Part Time Sales Supervisor, Garden State Plaza, nj
Permanent · Paramus
Published
Dec 2, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Ulta Beauty updates full-year guidance on another strong quarter

Published
Dec 2, 2022

Ulta Beauty announced on Thursday revenues for the third quarter surged 17% to $2.3 billion, coinciding with double-digit comparable sales growth, which contributed to an earnings jump for the beauty retailer.


Instagram: @ultabeauty


The Bolingbrook, Illinois-based company said comparable sales increased 14.6%, driven by a 10.7% increase in transactions and a 3.5% increase in average ticket.

The sales lifts meant net income increased 27.5% to $274.6 million, compared to $215.3 million in the third quarter of fiscal 2021.

Likewise total sales for the first nine months increased 18.3% to $7 billion. The company attributed the surge to a "favorable impact" from the resilience of the beauty category, retail price increases, the impact of new brands and product innovation, and the easing of Covid-19 restrictions.

Net income soared ​29.5% to $901.7 million, during the nine months.

“Amidst a challenging macro environment, the Ulta Beauty team delivered yet another outstanding quarter, with strong top and bottom-line results and growth across all major categories and channels,” said Dave Kimbell, chief executive officer.

“Our third quarter results reflect the sustained resilience of the beauty category and the strong emotional connection and loyalty we have cultivated with our guests. I am confident our business model, which offers unmatched breadth, value, and convenience, is even more relevant today and unlocks opportunities to further delight guests as we continue to lead the beauty category.”

Following the stellar results, the company increased its full-year outlook. It now expects annual sales to fall between ​$9.95 billion to $10 billion, compared to prior forecast of $9.65 and $9.75 billion.

Copyright © 2023 FashionNetwork.com All rights reserved.