Ulta Beauty ($ULTA@US), the largest beauty retailer in the U.S., beat Wall Street’s expectations for the fourth-quarter earnings and revenue, as consumers continue to pay for affordable beauty products despite inflation. Same-store sales grew 15.6 percent in the fourth quarter, which is below the 21.4 percent jump it posted in the same quarter the previous year, but well above analysts’ estimates of 8.4 percent. Earnings per share were $6.68 versus the $5.68 estimated, and revenue was $3.23 billion versus the $3.03 billion estimated. Ulta is expecting full-year revenue for 2023 to be between $10.95 billion and $11.05 billion, with earnings per share of between $24.70 and $25.40.