Ulta Beauty Gears Up for Q2 Earnings: Things to Keep in Mind

Ulta Beauty, Inc. (ULTA) is likely to register top-line growth when it reports second-quarter fiscal 2024 earnings on Aug 29. The Zacks Consensus Estimate for revenues is pegged at $2.62 billion, suggesting an increase of 3.5% from the prior-year quarter’s reported figure.However, the bottom line is likely to decline year over year. The consensus mark for quarterly earnings has dropped by 1 cent in the past 30 days to$ 5.49 per share. This indicates a decline of 8.8% from the year-ago quarter’s reported fig ...