Salesforce issues a weak outlook and the stock slumps, UiPath’s revenue outlook comes in well below analysts’ estimates, and Kohl’s posts a surprise first-quarter loss. Read More...
Ulta Beauty Outshines Kohl’s Ugly Earnings, But Lower Outlook Disappoints
Ulta Beauty reported first-quarter earnings that beat per-share expectations on Thursday, but shares fell in after-hours trading after the beauty retailer lowered its fiscal 2024 outlook. For the quarter ended May 4, Ulta reported adjusted earnings of $6.47 per share on net sales of $2.726 billion, up 3.5% from the year-ago period. The consensus estimate from analysts surveyed by FactSet called for adjusted earnings of $6.25 a share on revenue of $2.72 billion.
Barrons.com•
Add Comment