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Then, on May 30, Kimbell discussed Ulta Beauty's plan "To navigate near-term pressures" in the industry and the economy. In short, the company believes consumer spending is cooling off.
Ulta CEO Dave Kimbell in April warned of cooling demand in the beauty category at an investor conference. And while the slowdown was largely anticipated, Kimbell said it hit the company “a bit ...
Still, Ulta's Kimbell noted on the earnings call that the company remained "optimistic about the resiliency of the beauty category" despite the "dynamic" macroeconomic environment.
Ulta Beauty, Inc., formerly known as Ulta Salon, Cosmetics & Fragrance Inc. and before 2000 as Ulta3, is an American chain of cosmetic stores headquartered in Bolingbrook, Illinois. [2] Ulta Beauty carries both high-end and low-end cosmetics , fragrances , nail products, bath and body products, beauty tools and haircare products.
Same-store sales declined 1.2% year over year, a stark contrast to the 8% and 14.4% increases seen in 2023 and 2022, respectively. Ulta now projects same-store sales to fall 2% to 0% for fiscal ...
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Ulta Beauty sales jumped in the most recent quarter, as consumers went back into stores to go beauty shopping. Chief executive officer Dave Kimbell said on the company’s earnings call Wednesday ...
Ulta Beauty; Uoma Beauty; V. Violet Grey This page was last edited on 26 May 2022, at 21:24 (UTC). Text is available under the Creative Commons ...
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