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Oddity Tech says it's bucking the beauty slowdown Ulta warned about [CNBC]

Ulta Beauty, Inc. (ULTA)  More Company Research Source: CNBC
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
Oddity Tech – the newly public Israeli cosmetics platform that uses AI to develop products — posted first quarter results that blew past expectations and raised its full-year guidance. Here's how the beauty retailer behind the Il Makiage and Spoiled Child brands performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: Earnings per share: 61 cents adjusted vs. 49 cents expected Revenue: million vs. $205 million expected The company reported net income of $32.98 million, or 53 cents per share, for the three-month period that ended March 31, compared with $19.59 million, or 35 cents per share, a year earlier. Excluding one-time items, Oddity reported earnings of 61 cents per share. Sales rose to $212 million, up about 28% from $166 million a year earlier. The company is now expecting full year revenue to be between $626 million and $635 million, compared to a prior outlook of $620 million to $630 million. Analysts had expected $62 [Read more]
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Stockreport

Oddity Tech says it's bucking the beauty slowdown Ulta warned about [CNBC]

Ulta Beauty, Inc.  (ULTA) 
More Company Research Source: CNBC
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
Oddity Tech – the newly public Israeli cosmetics platform that uses AI to develop products — posted first quarter results that blew past expectations and raised its full-year guidance. Here's how the beauty retailer behind the Il Makiage and Spoiled Child brands performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: Earnings per share: 61 cents adjusted vs. 49 cents expected Revenue: million vs. $205 million expected The company reported net income of $32.98 million, or 53 cents per share, for the three-month period that ended March 31, compared with $19.59 million, or 35 cents per share, a year earlier. Excluding one-time items, Oddity reported earnings of 61 cents per share. Sales rose to $212 million, up about 28% from $166 million a year earlier. The company is now expecting full year revenue to be between $626 million and $635 million, compared to a prior outlook of $620 million to $630 million. Analysts had expected $62 [Read more]
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