(Boursier.com) — Ulta Beauty, an American specialist in the distribution of beauty products, announced resilient quarterly accounts last night. The chain of beauty products and salons thus announced second quarter results that exceeded expectations. The company reported quarterly net profit of $300 million and diluted earnings per share of $6.02 ($5.7 a year earlier). Revenues reached $2.53 billion from around $2.3 billion a year earlier. Analysts were expecting adjusted EPS of $5.87 and revenue of around $2.5 billion. Like-for-like growth was 8%. In addition, the company is raising its 2023 financial forecasts, now expecting sales of 11.05 to 11.15 billion dollars, like-for-like growth of 4.5 to 5.5%, and diluted earnings per share ranging from $25.10 to $25.60. The operating margin is expected between 14.6 and 14.8%.
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