BOLINGBROOK, Ill. (AP) _ Ulta Beauty Inc. (ULTA) on Thursday reported a fiscal first-quarter loss of $78.5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Bolingbrook, Illinois-based company said it had a loss of $1.39. Losses, adjusted for asset impairment costs, were $1.12 per share.

The results did not meet Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The beauty products retailer posted revenue of $1.17 billion in the period, also missing Street forecasts. Ten analysts surveyed by Zacks expected $1.2 billion.

Ulta shares have fallen slightly more than 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $242, a decline of 28% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULTA at https://www.zacks.com/ap/ULTA

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