Ulta Beauty Is Still A Buy
Ulta Beauty posted a solid quarter, beating consensus estimates on EPS and narrowly missing consensus revenue by $10 million on $1.68 billion revenue. Shares haven gotten crushed this year due to revenue growth deceleration. There has been a general slowdown in the makeup market and Ulta has seen positive signs in other aspects of its business …
News story posted on 2019-12-16T03:52:00.0000000Z