Data by YCharts Ulta started the year with consensus estimates sitting at revenues of $11.73 billion, and EPS of $26.8. Today, the consensus is at $11.56 billion and $25.77, respectively. The significant downgrades are primarily a result of management's commentary throughout the year, as well as its lackluster Q1'24. Putting Ulta Beauty's Historical Multiple In Context The above graph shows us Ulta's TTM multiple over the past decade. We can see that today's 14.8x marks a low point, with the company trading ...

Investing isn't always rational. It seems logical that you'd want to buy a stock that's climbing. That implies it's doing well and that there's reason to be confident in its future potential. Sometimes, this is the way to go. Another way it stands out is that it offers services. Other brands all operate similar models: Luxury brands are carried in department stores, and mass brands are sold in pharmacies and supermarkets. Many brands have direct-to-consumer physical stores, a recent development in the world ...

Ulta Beauty, Inc. (NASDAQ:ULTA) Oppenheimer's 24th Annual Consumer Growth and E-Commerce Conference June 12, 2024 11:15 AM ET Company Participants Kecia Steelman - COO Paula Oyibo - CFO Conference Call Participants Rupesh Parikh - Oppenheimer Rupesh Parikh Good morning, everyone. Thank you for attending Oppenheimer's 24th Annual Consumer Conference. My name is Rupesh Parikh, and I'm the Senior Food, Grocery and Consumer Products Analyst here at Oppenheimer. I'm excited to introduce our next presented compan ...

Company Participants Conference Call Participants Rupesh Parikh Question-and-Answer Session So, Kecia and Paula, thank you so much for being here today. We're going to kick it off with a few macro and consumer questions. So maybe to begin, I would like to hear your overall thoughts on the health and the beauty consumer right now. Yes. Thanks, Rupesh, and thanks Oppenheimer for hosting Ulta Beauty and Paula and I today. The macro environment is dynamic and consumer confidence is clearly under pressure. Infla ...

Ulta Beauty Inc. (ULTA, Financial) has been a disappointment for shareholders over the past three months. Its share price dropped from $567 in the middle of March to $376 in the middle of May, then rebounded to $395 at the time of writing. The three-month return was -27.70%. Steady growth in a challenging business environment CEO Dave Kimbell attributed the forecast adjustment to the dynamics in the first quarter and cited several strategic initiatives designed to solidify Ulta Beauty's market position. He ...

If you ask Dave Kimbell what's going on in the cosmetics space, the Ulta Beauty (ULTA -0.59%) CEO would say there's a general slowdown. And he's been saying it for months now. 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. However, I'm not sure that all cosmetics companies would agree that there's a general slowdown in the space. There are reasons to support Holtzman's a ...

Ulta Beauty, Inc. (NASDAQ:ULTA) The 44th Annual William Blair Growth Stock Conference Call June 4, 2024 9:40 AM ET Company Participants David Kimbell - Chief Executive Officer Paula Oyibo - Chief Financial Officer Conference Call Participants Dylan Carden - William Blair Dylan Carden Thank you, everyone, for being here. My name is Dylan Carden. I'm the specialty retail analyst here at William Blair. We're pleased today to have David Kimbell, CEO; and Paula Oyibo, CFO of Ulta Beauty. So, thank you. Question- ...

Ulta Beauty, Inc. (NASDAQ:ULTA) The 44th Annual William Blair Growth Stock Conference Call June 4, 2024 9:40 AM ET Company Participants David Kimbell - Chief Executive Officer Paula Oyibo - Chief Financial Officer Conference Call Participants Dylan Carden - William Blair Dylan Carden Thank you, everyone, for being here. My name is Dylan Carden. I'm the specialty retail analyst here at William Blair. We're pleased today to have David Kimbell, CEO; and Paula Oyibo, CFO of Ulta Beauty. So, thank you. Question- ...

Key Points Ulta Beauty stock is a must-have for investors aiming to outperform the U.S. markets in the current stagflation environment. Despite high inflation and rising prices, Ulta saw an increase in all of the fundamental drivers that matter for the business. Analysts see a double-digit upside from today's prices, and profitability is still near all-time highs on an ROIC basis. 5 stocks we like better than Consumer Discretionary Select Sector SPDR Fund After reporting its first quarter 2024 earnings resu ...

This is a key point that investors seem to have forgotten, which is why this is such a good opportunity. With roughly 1,400 locations, Ulta Beauty (ULTA -1.31%) is one of the largest cosmetics retailers in the world. This year, management expects the company to generate net sales of at least $11.5 billion, which is enormous. In addition to selling products that are widely available, Ulta Beauty sells exclusive products that can only be purchased at its stores. And beyond selling cosmetic products, it also o ...