Same-store sales increased 2.9%, beating the 0.2% bump Wall Street was anticipating. An increase in average ticket and the number of transactions helped drive same-store-sales growth, Ulta said.
Ulta Beauty has built a fan following by making cosmetics accessible to the everyday shopper: It stocks not only premium brands but also mass-market cosmetics. This understanding that consumers buy both high-end and mass brands in cosmetics has propelled the U.S. retailer's growth.
Initiate coverage on Ulta Beauty with a Buy rating and $432.81 price target, driven by strategic investments and anticipated FY26 EPS recovery. Ulta's loyalty program and e-commerce marketplace are key catalysts for high-margin growth, driving engagement and operational leverage. Near-term earnings trough in FY25 is a strategic reset, positioning for significant outperformance and margin expans...
BOLINGBROOK, Ill.--(BUSINESS WIRE)--Ulta Beauty, the nation's largest beauty retailer, is proud to be the official beauty retail partner of Beyoncé's COWBOY CARTER TOUR. Building off the success of its recent exclusive launch of Beyonce's hair care line CÉCRED, the partnership brings fans an unforgettable summer of beauty, artistry, and self-expression through exclusive access to COWBOY CARTER ...
BOLINGBROOK, Ill.--(BUSINESS WIRE)--Ulta Beauty, Inc. (NASDAQ: ULTA) today announced the appointment of Lauren Brindley as Chief Merchandising and Digital Officer effective June 3, 2025. Brindley succeeds Monica Arnaudo who will retire in June. As Chief Merchandising and Digital Officer, Brindley will have executive responsibility for Ulta Beauty's merchandising, ecommerce, wellness, and market...
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