Ulta Beauty Stock Climbs After Better-Than-Expected Q1 Report, Raised Fiscal 2025 Outlook

About Ulta Beauty Stock Climbs After Better-Than-Expected Q1 Report, Raised Fiscal 2025 Outlook

Ulta Beauty reported impressive Q1 earnings, earning $6.70 per share and exceeding estimates, with revenue hitting 2.85 billion dollars. CEO Kecia Steelman highlighted strong performance driven by the Ulta Beauty Unleashed plan. The company raised its fiscal 2025 revenue outlook to up to 11.7 billion dollars. Following the positive results, Ulta Beauty's stock surged by over 8.6% in extended trading. The video discusses these financial highlights, analyst reactions, and the company's growth strategies.