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Ulta operates beauty and personal care products stores as one of the undisputed leaders, but only has a presence in the U.S. Management has commented on the start of international expansion in 2025, starting with Mexico. At a P/E of 15 and considering the quality of the business, I found it difficult not to consider ULTA an investment opportunity.
Ulta Beauty's management gave tepid guidance for its fiscal 2024. Despite macroeconomic headwinds, its fiscal 2023 performance was admirable.
In the latest trading session, Ulta Beauty (ULTA) closed at $401.04, marking a -0.59% move from the previous day.
BOLINGBROOK, Ill.--(BUSINESS WIRE)--Ulta Beauty to Report First Quarter Fiscal 2024 Results on May 30, 2024.
Ulta Beauty (ULTA) reachead $401.59 at the closing of the latest trading day, reflecting a +1.24% change compared to its last close.
Ulta Beauty (ULTA) closed at $394.88 in the latest trading session, marking a -0.63% move from the prior day.
Ulta Beauty (ULTA) closed the most recent trading day at $410.04, moving +0.9% from the previous trading session.
2024 may be a year of slower growth for Ulta Beauty, but that's not going to last. Ulta is a leader in the beauty industry and offers investors some attractive qualities.
Ulta (ULTA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Cosmetic retail firm Ulta Beauty (NASDAQ: ULTA ) recently delivered quite the shocker when its CEO said that beauty demand was slowing “a bit earlier and a bit bigger than we thought.” Undoubtedly, the commentary sent shares of ULTA nosediving by around 15%.