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Stock impact report

Ulta Beauty Navigates a Tough Selling Environment [The Motley Fool]

Ulta Beauty, Inc. (ULTA) 
Last ulta beauty, inc. earnings: 3/12 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultabeauty.com/overview/default.aspx
Company Research Source: The Motley Fool
Ulta Beauty ( NASDAQ:ULTA The beauty products retailer revealed this week that those industry challenges continue to limit its sales growth. On the bright side, Ulta is gaining market share and generating stable profits. Let's take a closer look at the latest results. Image source: Getty Images. The slowdown is here The slowdown that investors feared, and that Ulta predicted back in August, has begun to occur over the last few months. Comparable-store sales gains fell to % versus roughly % in each of the last two quarters. Ulta Beauty's expanding store base kicked in further growth so that overall revenue improved 7.9% to $.8 billion. Looking deeper into the sales metric, customer traffic gains were %, while average spending rose by less than %. The traffic figure represents a slowdown compared to last quarter, while the sluggish spending supports management's claim that innovation trends are weak in the core makeup category. CEO Mary Dillon recently told investors However, the compan Show less Read more
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