Ulta Beauty Stock News

Ulta Beauty's stock has dropped 22% YTD, but it remains attractive with a modest valuation and good growth potential from store expansions, loyalty programs, share repurchases, and industry growth. I've downgraded the stock from a "Strong Buy" to a "Buy" based on a combination of a higher share price since I last wrote about it and lower EPS estimates. ULTA plans to open 200 new stores, expand ...

I have upgraded Ulta Beauty stock to a Buy rating due to promising store expansion plans and undervaluation by the market. ULTA's shift towards aggressive store expansion, including geographical growth into Mexico, is expected to boost future growth beyond conservative management targets. Despite current market pessimism, I believe Ulta can overachieve 4-6% revenue growth, making its shares und...

These companies offer investors excellent value and return prospects.

Both top investors spied opportunity in the Ulta sell-off.

Partnership Enables UB Media to Add Non-Endemic Ads to Its Ecosystem for the First Time NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Rokt , the leading ecommerce company using machine learning and AI to make the shopping experience more relevant to each customer, today announced it has partnered with Ulta Beauty, Inc. (NASDAQ: ULTA) to expand the beauty company's retail media network and elevate th...

Ulta Beauty projects double-digit EPS growth by 2026, despite weak guidance for FY2024 and FY2025 and a period of increased investments. The long-term vision includes over 1,800 stores in the USA and expansion into Mexico in 2025 to establish a franchising model. Investments in store expansion are expected to yield +20% returns, with 70% of capital expenditures focused on store presence, up fro...

Ulta Beauty plans to open 200 new stores as part of a long-term strategy announced this week. At its investors' day Wednesday (Oct. 16), the beauty retailer said it hopes to open the new locations over the next three years, bringing its store count to more than 1,800, according to a press release.

The beauty retailer expects slower growth, but the underlying business still has a lot of appeal.