The cosmetics and fragrances retailer said it expects sales to grow 6% to 7% this fiscal year, compared with a 9.7% increase in the prior fiscal year.
Ulta Beauty reported fourth fiscal quarter earnings Thursday that beat Wall Street's revenue expectations but missed on earnings per share. The company said its net sales grew 11.8%.
Ulta Beauty, Inc. is reaffirmed as a Buy with a raised price target of $800, reflecting robust fundamentals and premium business quality. ULTA's differentiated model, massive loyalty base, and data-driven customer acquisition underpin its long-term competitive edge and pricing power. Strategic moves include terminating the Target partnership, expanding internationally via Space NK, and launching high-margin recurring revenue programs.
ULTA gears up for Q4 results with loyalty-fueled sales momentum, digital gains and brand launches, but margin pressure and rising costs may have weighed on earnings.
Ulta (ULTA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw Ulta Beauty (ULTA) settling at $677, representing a -1.14% change from its previous close.
Ulta Beauty (ULTA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ULTA crossed above the 20-day moving average, suggesting a short-term bullish trend.
In the latest trading session, Ulta Beauty (ULTA) closed at $686.44, marking a +2.47% move from the previous day.
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Advyzon Investment Management LLC acquired a new stake in Ulta Beauty Inc. (NASDAQ: ULTA) during the third quarter, according to its most recent filing with the SEC. The firm acquired 789 shares of the specialty retailer's stock, valued at approximately $431,000. Other institutional investors and hedge funds have also recently added to or
Ulta Beauty (ULTA) reached $689.42 at the closing of the latest trading day, reflecting a -2.46% change compared to its last close.
Ulta Beauty (ULTA) closed at $667.18 in the latest trading session, marking a -2.32% move from the prior day.