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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.
Image source: The Motley Fool. Ulta Beauty (NASDAQ: ULTA) Q3 2024 Earnings Call Dec 05, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
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 ...
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 ...
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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 ...
As Q3 results show, Ulta Beauty's business is stable and I expect that to continue for the foreseeable future. The business is solidly profitable, projecting a roughly 13% full-year operating margin.
Ulta Beauty stock is struggling Despite its year-over-year revenue growth of 3.5% in the first quarter of its fiscal 2024, ended May 4, investors have shied away from Ulta Beauty in 2024.