Ulta Beauty plans to open 200 stores over 3 years as part of growth strategy
Ulta Beauty outlined its long-term financial goals on Wednesday, including plans to open 200 stores over the next three years. It maintained its guidance for fiscal year 2024.
Ulta Beauty shares fall as company sees 'headwinds' in beauty industry
Ulta Beauty shares fell on Wednesday, as the company stuck by its current forecast and shared its longer-term financial targets. The beauty retailer's CEO Dave Kimbell said the company is facing stiffer competition and a more dynamic consumer backdrop.
Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years
Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.
Ulta Beauty (ULTA) Stock Slides as Market Rises: Facts to Know Before You Trade
Ulta Beauty (ULTA) closed at $369.32 in the latest trading session, marking a -0.34% move from the prior day.
This Ridiculously Cheap Warren Buffett Stock Could Make You Richer
It's a new Buffett stock, and it's the right time to buy.
Ulta Beauty: A Compelling Investment In An Expensive Market
I'm initiating Ulta Beauty at a buy rating with a $448 price target, or ~25% upside from current levels. The stock is down more than 25% this year on self-inflicted problems, including an ERP mess that has been since resolved and an ongoing price war between retailers. Still, the company's renewed focus on its e-commerce channel and social media marketing, plus recent acceleration in online sales, can help get Ulta back on the right path.
Can Ulta Beauty Stock Bounce Back Amid Changing Market Dynamics?
ULTA faces several challenges as shifting consumer preferences and rising competition reshape the beauty industry.
Here is What to Know Beyond Why Ulta Beauty Inc. (ULTA) is a Trending Stock
Zacks.com users have recently been watching Ulta (ULTA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Why Is Estée Lauder Stock Down 75%?
Estée Lauder stock (NYSE: EL) has had a tough year so far, with its stock falling 40%, while its peer Ulta Beauty stock (NASDAQ: ULTA) has seen a 16% decline. Estée Lauder has been struggling with falling sales and profits lately, but that appears to be priced in now, and we think EL stock looks undervalued at its levels of around $90.
ULTA Beauty Trades Below 200-Day Moving Average: Time to Hold or Exit?
ULTA is encountering several challenges, including slowing beauty category growth, heightened competition, changing consumer trends and ERP system disruptions.
Bottom Fishing Ulta Beauty With Buffett (Technical Analysis)
Warren Buffett's interest in Ulta Beauty suggests potential undervaluation, attracting attention from bottom fishers despite our focus on momentum investing. Bottom fishing is highly regarded on Wall St. for its difficulty, as it involves identifying winners that the market hates. Our SID scoring system tracks ULTA for a potential shift from a Sell to a Hold signal, indicating upward momentum.
