Notifications Bell

Ulta Beauty posted disappointing Q2 earnings figures

Ulta Beauty posted disappointing Q2 earnings figures

People went wild with online shopping

One of the largest chains of beauty stores in the US, Ulta Beauty, posted Q2 earnings that came below expectations.

#Ulta posted quarterly #earnings of $8.1 million, or 14 cents per share. During the same time last year, it reported a net income of $161 million, or $2.76/share.

Sales figures came in at $1.23 billion, 26% lower than last year’s $1.7 billion.

According to Ulta’s statement, due to the pandemic, its same-store sales fell roughly 27%, but the e-commerce segment reported a 200% increase. Despite the pick-up in demand, it will take a while for the sales to return to the pre-pandemic levels.

For the rest of the year, Ulta Beauty didn't provide any guidance, but it expects pandemic-related costs to reach a high of $40 million.

During the regular trading session, Ulta shares gained 1.5%. In extended trading, shares rose more than 16%.

Read about the latest Q2 reports from the beauty companies here!


This information prepared by is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.

This information is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation or the particular needs of any recipient.

You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.

This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.

Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of