Ulta Beauty Reports Downbeat Results, Joins Elastic And Other Big Stocks Moving Lower In Friday's Pre-Market Session
ULTAUlta Beauty(ULTA) Benzinga·2024-08-30 20:29

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Friday.Shares of Ulta Beauty, Inc. ULTA fell sharply in today's pre-market trading after the company reported weaker-than-expected results for its second quarter and cut its FY24 guidance.Ulta Beauty reported quarterly earnings of 5.30pershare,whichmissedtheanalystconsensusestimateof5.30 per share, which missed the analyst consensus estimate of 5.55 by 4.5%. Quarterly sales came in at $2.552 billion, missing the consensus estimate by 2.52%.Ulta Beauty shares di ...