Ulta Beauty Raises Full-Year Sales Outlook for Second Straight Quarter

Ulta Beauty raised its full-year sales outlook to $12.3 billion, up from $12 billion to $12.1 billion, and increased its earnings per share forecast to $25.20 to $25.50. The retailer reported Q3 net sales of $2.86 billion, exceeding expectations, and a 6.3% YoY increase in comparable sales. The company's stock rose over 4% in extended trading.