Why Ulta Beauty Stock Dropped by Almost 23% Last Month [Yahoo! Finance]
Ulta Beauty, Inc. (ULTA)
Last ulta beauty, inc. earnings: 3/12 04:03 pm
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US:NASDAQ Investor Relations:
ir.ultabeauty.com/overview/default.aspx
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Source: Yahoo! Finance
Ulta Beauty already had investors down in the dumps in March. On March 14, the company reported completed financial results for its fiscal 2023. The stock slid as its guidance for 2024 came in behind expectations. However, on April 3 at an investor conference, Ulta Beauty's management said that spend for cosmetic products was off to a slower start this year than expected. Therefore, the company's upcoming first-quarter results could be at the low end of its guidance, and investors were disappointed with guidance to begin with. Ulta Beauty stock sold off hard after these comments and continued drifting lower for the rest of the month. Just how bad is it? Investors disliked the commentary from Ulta Beauty's management so much that even shares of rival cosmetics companies including e.l.f. Beauty sold off. But management didn't predict the end of cosmetic spend altogether. It merely expressed that the year was off to a slower-than-expected start. For fiscal 2024, Ulta Beauty ha
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ULTA
News
- Ulta Beauty (ULTA) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Ulta Beauty to Report First Quarter Fiscal 2024 Results on May 30, 2024Business Wire
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ULTA
Earnings
- 3/14/24 - Beat
ULTA
Sec Filings
- 4/24/24 - Form DEF
- 4/24/24 - Form DEFA14A
- 4/5/24 - Form SC
- ULTA's page on the SEC website