Why Ulta Beauty Stock Gained 13% in December
From Nasdaq, Inc.: 2025-01-08 18:27:09
Ulta Beauty’s stock prices surged 13% last month after reporting better-than-expected third-quarter earnings, signaling a turnaround from previous challenges. Revenue rose to $2.53 billion, beating estimates, with net income slightly down but earnings per share on the rise. The company raised its full-year guidance, pointing to improved traffic and cost management. Ulta’s CEO announced retirement and a bullish outlook for Q4, leading to stock gains. Analysts are optimistic about a potential strong recovery in 2025. Despite not being in the top 10 stock picks, Ulta Beauty continues to show promise for investors.
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