Beauty retailer Ulta’s shares increased up to 10% during after-hours trading Thursday following news that the company increased its revenue by 6% year-over-year in Q3.
As a result, Ulta raised expected annual net sales to between $11.10 billion and $11.15 billion for the fiscal year.
Ulta reportedly pulled in $5.07 in earnings per share and $2.49 billion in revenue during Q3.
“Our insights suggest that consumers are ready to celebrate even as they navigate in an uncertain economic environment,” said Ulta CEO David Kimball.
