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Ulta Beauty’s Updated Guidance Sends Shares Skyrocketing
Ulta Beauty revises EPS guidance upward, leading to a 40% surge in stock price as robust sales continue to drive growth.
Ulta Beauty raised its FY25 earnings per share (EPS) guidance to $25.20-$25.50, a significant improvement from the previous forecast of $23.85-$24.30. This was driven by stronger than expected sales of $12.3 billion, supported by rising consumer demand and successful product releases.