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The Latest Breaking News from Ulta Beauty Inc

3 Retail Stocks to Buy as Consumers Stay Resilient Despite Inflation

Retail sales came in above expectations in June, indicating consumers’ resilience in the face of soaring inflation. Given robust consumer spending, we think fundamentally solid retail stocks Build-A-Bear Workshop (BBW), Ulta Beauty (ULTA), and Sally Beauty Holdings (SBH) could be worth buying now. Read on.

Read How Raymond James Shifts Ratings On Ulta Beauty & Sally Beauty Amid Inflation

Read How Raymond James Shifts Ratings On Ulta Beauty & Sally Beauty Amid Inflation

Raymond James analysts Olivia Tong and Devin Weinstein have upgraded Ulta Beauty Inc (NASDAQ:ULTA) to Strong Buy from Outperform and raised the price target to $485 from $475, implying a 24% upside. The analysts believe the company has good prospects compared to its competitors amidst the volatile macro backdrop. They cited the high household income…

3 Stellar Specialty Retail Stocks Outperforming the Market in 2022

3 Stellar Specialty Retail Stocks Outperforming the Market in 2022

Retail sales have remained resilient amid inflationary pressures, underscoring Americans’ spending power and stable demand. So, we think the stocks of fundamentally sound specialty retail companies Ulta Beauty (ULTA), The ODP Corporation (ODP), and Live Ventures (LIVE) could be good additions to one’s portfolio now. These stocks have outperformed the…

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Ulta Beauty Shares Soar Afterhours On Solid Q1 Results, Raised FY22 Guidance

Ulta Beauty Inc (NASDAQ: ULTA) reported first-quarter sales growth of 21% year-over-year to $2.35 billion, beating the consensus of $2.12 billion.

Ulta Beauty Unveils New Retail Media Network - Read How It Helps Brand Partners

Ulta Beauty Inc (NASDAQ:ULTA) has launched its retail media network, UB Media, to offer brands addressable advertising leveraging its Ultamate Rewards members. The capability is expected to deliver a digital strategy for brand partners to personalize consumer engagement and drive growth. "UB Media harnesses the power of our unmatched, first-party data from our 37…

Barclays Bumps Up Price Target On This Beauty Company By 6%

Barclays analyst Adrienne Yih raised the price target on Ulta Beauty Inc (NASDAQ: ULTA) to $469 from $440 and kept an Overweight rating on the shares, implying a 27% upside.

Ulta Beauty Stock Gains As Q4 Results Surpass Expectations, Guides FY22 Above Consensus, Approves $2B Buyback

Ulta Beauty Inc (NASDAQ:ULTA) reported fourth-quarter net sales growth of 24.1% year-over-year to $2.70 billion and core sales growth of 28%, beating the consensus of $2.69 billion. Comparable sales increased 21.4% compared to a decrease of 4.8% in 4Q20. Compared to 4Q19 comparable sales increased 15.4%. Adjusted operating income for the quarter was…

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