Ulta Beauty climb after earnings, revenue top expectations
div > div.group > p:first-child"> Ulta shares were up nearly 4 percent in premarket trading early Friday.
The beauty retailer reported earnings per share of $3.61 on revenue of $2.12 billion. Wall Street estimated earnings per share of $3.56 on revenue of $2.11 billion, according to Refinitiv.Ulta launched an exclusive brick-and-mortar distribution deal for Kylie Jenner's Kylie Cosmetics line in Ulta stores last November. The popular assortment of lip kits and color cosmetics is currently valued at around $800 million and has continually attracted both consumers and investors to Ulta.
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