From CNBC: 2024-10-16 16:27:45

Ulta Beauty shares slightly rose despite acknowledging industry challenges and competition. The retailer maintained its fiscal year forecast, expecting net sales between $11-11.2 billion. for 2026 and beyond, Ulta targets 4-6% net sales growth and low double-digit earnings per share. CEO Kimbell highlighted challenges and efforts to boost sales through partnerships and personalized promotions. The company will focus on exclusive products and beauty trends to stay competitive in the market.



Read more at CNBC: Ulta Beauty shares tick up slightly, despite ‘headwinds’ in beauty industry