Ulta Beauty raises annual profit forecast, shares rise [Yahoo! Finance Canada]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Yahoo! Finance Canada
It also rolled out early deals in November and offered steep promotions during Black Friday. The retailer, which sells perfumes and makeup, also slightly nudged the lower end of its annual sales forecast. The company now expects annual sales to be between $11.1 billion and $11.20 billion, compared with its prior expectation of $11 billion to $11.20 billion. Ulta expects annual profit per share to be between $23.20 and $23.75, up from its prior expectation of $22.60 to $23.50. Ulta's strong results come at a time when beauty giants Estee Lauder and L'Oreal have flagged waning demand in the United States for their premium beauty products and upmarket lipsticks and perfumes. Visits to Ulta's stores dipped in September from a year ago but quickly bounced back in October, which saw a 4.5% jump compared with a year earlier, bolstered by Halloween offerings and seasonal sales according to data from Placer.ai. Quarterly net sales rose 1.7% to $2.53 billion, helped by contribution
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- Think You Know Estée Lauder Companies? Here's 1 Little-Known Fact You Can't Overlook. [Yahoo! Finance]Yahoo! Finance
- Growth Trends in Europe's Premium Beauty Market, 2024-2029 - How AR and AI Technologies are Revolutionizing the Industry [Yahoo! Finance]Yahoo! Finance
- Tata Harper Steps Down as President of Eponymous Skin Care Brand, Taps Lauder Alum [Yahoo! Finance]Yahoo! Finance
EL
Earnings
- 10/31/24 - Beat
EL
Sec Filings
- 12/20/24 - Form 8-K/A
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- EL's page on the SEC website