Latest news with #MilkMakeup
Fashion Network
2 days ago
- Business
- Fashion Network
Ulta Beauty raises annual profit forecast, posts upbeat quarter on resilient demand
Ulta Beauty raised its annual profit forecast after beating quarterly results on Thursday, as lower inventory losses as well as new launches such as Milk Makeup and K-Beauty skincare brands helped drive demand at its stores. Shares of the company were up about 8% in trading after the bell. Cosmetics retailer saw uptick in sales across its stores, especially from younger shoppers willing to spend on trendy and affordable brands such as Elf Beauty. Ulta Beauty has strengthened customer traffic by introducing celebrity-owned brands, such as Rihanna 's Fenty Beauty, along with investments in marketing and digital channels. The company expects annual profit to be in the range of $22.65 to $23.20 per share, compared with a prior forecast of $22.50 to $22.90 per share. It posted quarterly sales of $2.85 billion, compared with the analysts' estimate of $2.79 billion, as per data compiled by LSEG. The company's comparable sales in the quarter ended May 3 rose 2.9% compared to a year ago, driven by a 2.3% increase in average ticket and a 0.6% rise in transactions. It earned quarterly adjusted profit of $6.70 per share, topping the estimate of $5.81 per share. Budget-cosmetic brand Elf Beauty posted an upbeat quarter on resilient demand, while luxury firms such as Estée Lauder 's business remained pressured due to tariff uncertainty. The Trump administration's unpredictable tariff shifts have disrupted businesses and shaken consumers worldwide, who are now bracing for an economic recession. Ulta Beauty expects comparable sales for fiscal 2025 to be in the range of flat to up 1.5%, compared with the prior forecast of flat to up 1%. "The operating environment is fluid, and our outlook reflects uncertainty around how consumer demand could evolve," said CEO Kecia Steelman. Lower inventory losses or damages helped Ulta Beauty in countering higher store and supply chain-related costs. Its quarterly gross profit increased 4.2% to $1.11 billion compared with a year ago.
CNBC
3 days ago
- Business
- CNBC
Ulta Beauty raises annual profit forecast, posts upbeat quarter on resilient demand
Ulta Beauty raised its annual profit forecast after beating quarterly results on Thursday, as lower inventory losses as well as new launches such as Milk Makeup and K-Beauty skincare brands helped drive demand at its stores. Shares of the company were up about 8% in trading after the bell. Cosmetics retailer saw uptick in sales across its stores, especially from younger shoppers willing to spend on trendy and affordable brands such as Elf Beauty. Ulta Beauty has strengthened customer traffic by introducing celebrity-owned brands, such as Rihanna's Fenty Beauty, along with investments in marketing and digital channels. The company expects annual profit to be in the range of $22.65 to $23.20 per share, compared with a prior forecast of $22.50 to $22.90 per share. It posted quarterly sales of $2.85 billion, compared with the analysts' estimate of $2.79 billion, as per data compiled by LSEG. The company's comparable sales in the quarter ended May 3 rose 2.9% compared to a year ago, driven by a 2.3% increase in average ticket and a 0.6% rise in transactions. It earned quarterly adjusted profit of $6.70 per share, topping the estimate of $5.81 per share. Budget-cosmetic brand Elf Beauty posted an upbeat quarter on resilient demand, while luxury firms such as Estee Lauder's business remained pressured due to tariff uncertainty. The Trump administration's unpredictable tariff shifts have disrupted businesses and shaken consumers worldwide, who are now bracing for an economic recession. Ulta Beauty expects comparable sales for fiscal 2025 to be in the range of flat to up 1.5%, compared with the prior forecast of flat to up 1%. "The operating environment is fluid, and our outlook reflects uncertainty around how consumer demand could evolve," said CEO Kecia Steelman. Lower inventory losses or damages helped Ulta Beauty in countering higher store and supply chain-related costs. Its quarterly gross profit increased 4.2% to $1.11 billion compared with a year ago.
Fashion Network
3 days ago
- Business
- Fashion Network
Ulta Beauty raises annual profit forecast, posts upbeat quarter on resilient demand
Ulta Beauty raised its annual profit forecast after beating quarterly results on Thursday, as lower inventory losses as well as new launches such as Milk Makeup and K-Beauty skincare brands helped drive demand at its stores. Shares of the company were up about 8% in trading after the bell. Cosmetics retailer saw uptick in sales across its stores, especially from younger shoppers willing to spend on trendy and affordable brands such as Elf Beauty. Ulta Beauty has strengthened customer traffic by introducing celebrity-owned brands, such as Rihanna 's Fenty Beauty, along with investments in marketing and digital channels. The company expects annual profit to be in the range of $22.65 to $23.20 per share, compared with a prior forecast of $22.50 to $22.90 per share. It posted quarterly sales of $2.85 billion, compared with the analysts' estimate of $2.79 billion, as per data compiled by LSEG. The company's comparable sales in the quarter ended May 3 rose 2.9% compared to a year ago, driven by a 2.3% increase in average ticket and a 0.6% rise in transactions. It earned quarterly adjusted profit of $6.70 per share, topping the estimate of $5.81 per share. Budget-cosmetic brand Elf Beauty posted an upbeat quarter on resilient demand, while luxury firms such as Estée Lauder 's business remained pressured due to tariff uncertainty. The Trump administration's unpredictable tariff shifts have disrupted businesses and shaken consumers worldwide, who are now bracing for an economic recession. Ulta Beauty expects comparable sales for fiscal 2025 to be in the range of flat to up 1.5%, compared with the prior forecast of flat to up 1%. "The operating environment is fluid, and our outlook reflects uncertainty around how consumer demand could evolve," said CEO Kecia Steelman. Lower inventory losses or damages helped Ulta Beauty in countering higher store and supply chain-related costs. Its quarterly gross profit increased 4.2% to $1.11 billion compared with a year ago.
Fashion Network
3 days ago
- Business
- Fashion Network
Ulta Beauty raises annual profit forecast, posts upbeat quarter on resilient demand
Ulta Beauty raised its annual profit forecast after beating quarterly results on Thursday, as lower inventory losses as well as new launches such as Milk Makeup and K-Beauty skincare brands helped drive demand at its stores. Shares of the company were up about 8% in trading after the bell. Cosmetics retailer saw uptick in sales across its stores, especially from younger shoppers willing to spend on trendy and affordable brands such as Elf Beauty. Ulta Beauty has strengthened customer traffic by introducing celebrity-owned brands, such as Rihanna 's Fenty Beauty, along with investments in marketing and digital channels. The company expects annual profit to be in the range of $22.65 to $23.20 per share, compared with a prior forecast of $22.50 to $22.90 per share. It posted quarterly sales of $2.85 billion, compared with the analysts' estimate of $2.79 billion, as per data compiled by LSEG. The company's comparable sales in the quarter ended May 3 rose 2.9% compared to a year ago, driven by a 2.3% increase in average ticket and a 0.6% rise in transactions. It earned quarterly adjusted profit of $6.70 per share, topping the estimate of $5.81 per share. Budget-cosmetic brand Elf Beauty posted an upbeat quarter on resilient demand, while luxury firms such as Estée Lauder 's business remained pressured due to tariff uncertainty. The Trump administration's unpredictable tariff shifts have disrupted businesses and shaken consumers worldwide, who are now bracing for an economic recession. Ulta Beauty expects comparable sales for fiscal 2025 to be in the range of flat to up 1.5%, compared with the prior forecast of flat to up 1%. "The operating environment is fluid, and our outlook reflects uncertainty around how consumer demand could evolve," said CEO Kecia Steelman. Lower inventory losses or damages helped Ulta Beauty in countering higher store and supply chain-related costs. Its quarterly gross profit increased 4.2% to $1.11 billion compared with a year ago.
The Guardian
21-05-2025
- Entertainment
- The Guardian
Sali Hughes on beauty: Feeling the heat? Avoid summer meltdowns with new long-wear makeup
At the time of writing, my life and mood have been shifted dramatically by spring sunshine. And so too would my makeup if I hadn't spent weeks testing new long-wear products designed to stop one's face melting in the heat. Those of us with oily skin, an active lifestyle or a hormonal propensity for sweating or flushing, can also struggle to hold on to foundation, eyeshadow and more. But until recently, the term 'long-wear' often meant dry, dragging, somewhat joyless textures and shades. The Guardian's journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more. My best new discovery is Milk's superlative Hydro Grip Gel Tint (£34), available in 15 shades; I wear number five and it's perfect. Its light and comfortable texture and sheer, natural-looking, summery coverage betray what is extraordinarily dogged staying power. Used in place of foundation or tinted moisturiser, this has remained perfectly intact through tears, 16-hour days and a common cold – its glow never dimming. It has a flexible, stretchy gel texture that prevents cracking or caking as skin tires and dries. Concealer, blush, powders and anything else you care to throw on top layer over happily and smoothly (it has a similar texture to a primer). It's an unequivocal 10/10 and I already know it'll be among my best products of 2025. For a smidge more coverage with a comparable lifespan, try Maybelline's impressive Super Stay 24h Skin Tint (£13.99). One can't talk lasting makeup without mentioning Bobbi Brown's Long-Wear Cream Shadow Stick (£29.50). There are countless copies of this creamy colour wand, but nothing beats the original for lasting power. I repeat myself only to alert you to the recent but overdue addition of seven new browns to the lineup. Everyone needs a brown shadow in their makeup bag. A scribble-on-and-smoosh-out with fingertip or brush gives instant definition and depth to the eyes. New setting sprays are launching at an unprecedented rate (a dedicated column on these soon) and I rely on them more than ever to make my morning face go the distance. Charlotte Tilbury's Airbrush Flawless Setting Spray (£32) is my stalwart, but recently, I've loved Make Up By Mario's excellent new SurrealSkin Soft Setting Spray (£34). This, unlike most, has no fragrance or drying alcohol, making it ideal for sensitive or dry skin types. What makes it especially good is the superior pump applicator, which gives the finest imaginable coating of minuscule droplets, resulting in a perfectly comfortable and even finish with no additional shine.
