Ulta Beauty Stock Is Sliding Because Its Long-Term Updates Left a Lot to Be Desired

3 years ago 313

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/ulta-beauty-stock-slides-sales-targets-51634651315


Updated Oct. 19, 2021 1:27 p.m. ET / Original Oct. 19, 2021 9:50 americium ET

  • Order Reprints
  • Print Article

Ulta Beauty banal was slumping Tuesday aft the institution announced semipermanent fiscal targets and strategical priorities that investors recovered wanting.

The institution forecast full nett income maturation of betwixt 5% and 7% for fiscal 2022 done 2024. In a filing, Ulta Beauty (ticker: ULTA) said it expects comparable-store income to summation betwixt 3% and 5% annually and hopes to unfastened astir 50 caller stores per year.

Earnings...


Read Entire Article