Ulta Beauty Trading Volume Plummets 49.24% to $316 Million Ranking 318th in Market Activity

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 7:46 pm ET1min read

On June 3, 2025,

(ULTA) experienced a significant decline, with its trading volume dropping by 49.24% to $316 million, placing it at the 318th position in the day's market activity. The stock price decreased by 0.54%.

Ulta Beauty reported a 4.5% increase in net sales for the first quarter of 2025, reaching $2.8 billion compared to $2.7 billion in the previous year. The company opened six new stores, relocated two, and remodeled several others during this period.

Despite a slight decrease in gross margin from 39.2% to 39.1%, Ulta's impressive sales growth allowed it to surpass expectations. The company's earnings per share (EPS) for the quarter were $6.70, exceeding the consensus estimate of $5.73 by $0.97.

Following the strong quarterly performance,

raised its annual profit forecast to a range of $22.65 to $23.20 per share, up from the previous range of $22.50 to $22.90 per share. This upward revision reflects the company's confidence in its continued growth and profitability.

Ulta Beauty also introduced a series of new products and exclusive skincare launches, including a haircare range featuring Beyoncé. These initiatives are part of the company's strategy to drive recovery and maintain its competitive edge in the beauty retail market.

Comments



Add a public comment...
No comments

No comments yet