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Stock impact report

Oddity Tech says it's bucking the beauty slowdown Ulta warned about [MSNBC.com]

Ulta Beauty, Inc. (ULTA) 
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
Company Research Source: MSNBC.com
AsUlta Beautyexpects a slowdownbucking the trendOddity TechHere's how the beauty retailer behind theIl Makiage and Spoiled ChildThe 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 $627 million, according to LSEG. It expects adjusted earnings per share to be between $1.57 and $1.62, up from prior guidance of $1.49 to $1.54. Analysts had expected $1.51, according to LSEG.For the current quarter, Oddity is expecting sales to be between $185 million and $189 million and adjusted earnings per share to be in the range of 61 cents to 64 ce Show less Read more
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