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Ulta Beauty, Inc. (ULTA) JPMorgan 10th Annual Retail Round Up Conference(Transcript)
Seeking Alpha· 2024-04-03 20:31
Ulta Beauty, Inc. (NASDAQ:ULTA) JPMorgan 10th Annual Retail Round Up Conference April 3, 2024 9:00 AM ET Company Participants David Kimbell - Chief Executive Officer Paula Oyibo - Senior Vice President, Finance at Ulta Beauty Conference Call Participants Christopher Horvers - JPMorgan Christopher Horvers Great. Thank you, everybody, for joining us today for our 10th annual retail round up. It gets bigger and bigger every year. We've had one company who has been a consistent participant and supporter of the ...
Ulta Beauty, Inc. (ULTA) JPMorgan 10th Annual Retail Round Up Conference(Transcript)
2024-04-03 20:31
Ulta Beauty, Inc. (NASDAQ:ULTA) JPMorgan 10th Annual Retail Round Up Conference April 3, 2024 9:00 AM ET Company Participants David Kimbell - Chief Executive Officer Paula Oyibo - Senior Vice President, Finance at Ulta Beauty Conference Call Participants Christopher Horvers - JPMorgan Christopher Horvers Great. Thank you, everybody, for joining us today for our 10th annual retail round up. It gets bigger and bigger every year. We've had one company who has been a consistent participant and supporter of the ...
Ulta Warns of Cooling Demand Amid Ongoing Consumer Caution
PYMNTS· 2024-04-03 19:31
After years of strong sales growth, Ulta Beauty is warning of a slow period ahead.The retailer’s chief executive said Wednesday (April 3) that he expects moderate mid-single digit sales growth, sending the company’s stock tumbling.“What we’ve seen so far is a slowdown in the total category across price points and segments. That’s a bit earlier and a bit bigger than we thought,” said CEO David Kimbell, whose comments to J.P. Morgan analysts during a fireside chat were reported by Reuters.“The competitive env ...
Ulta Beauty Warns of a Business Slowdown, and Stock Tanks
Investopedia· 2024-04-03 18:25
Key TakeawaysUlta Beauty warned it is seeing a slowdown in business in the first two months of its fiscal first quarter, and shares tumbled nearly 15% in intraday trading Wednesday.The beauty products retailer said if that slowdown continued, it expects current-quarter comparable store sales to be at the low end of its forecast.CEO Dave Kimbell explained the pullback was "across price points and segments." Ulta Beauty (ULTA) shares sank about 15% in intraday trading Wednesday after the beauty products retai ...
Why Ulta Beauty Stock Sank on Wednesday
The Motley Fool· 2024-04-03 18:09
Investors didn't like what management had to say this morning.Shares of cosmetics retail chain Ulta Beauty (ULTA -15.00%) sank on Wednesday following some commentary from management at J.P. Morgan's 10th Annual Retail Roundup investor conference. As of 1:20 p.m. ET, Ulta Beauty stock was down 14%.Management tempers expectationsUlta Beauty CEO Dave Kimbell and future CFO Paula Oyibo gave a fireside chat at the aforementioned conference at 9 a.m. ET this morning. The duo warned investors that the company is s ...
Ulta shares fall as CEO warns beauty demand is slowing
CNBC· 2024-04-03 16:13
People walk past an Ulta Beauty store in the Manhattan borough of New York City, New York, U.S., March 8, 2022.Ulta Beauty shares tumbled about 13% on Wednesday as CEO Dave Kimbell warned of cooling demand for beauty products.Other stocks in the segment, including E.L.F. Beauty, Estee Lauder and Coty, also fell on Wednesday morning."We have seen a slowdown in the total category," Kimbell said at an investor conference hosted by JPMorgan Chase. "We came into the year — and we talked about this on our [earnin ...
Ulta Beauty(ULTA) - 2024 Q4 - Annual Report
2024-03-26 20:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended February 3, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____________ to _____________ Commission File Number: 001-33764 ULTA BEAUTY, INC. (Exact name of registrant as specified in its charter) Delaware (State or ot ...
Here's Why Ulta Beauty (ULTA) is a Strong Value Stock
Zacks Investment Research· 2024-03-20 14:41
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...
Why Ulta Beauty Stock Dipped Today
The Motley Fool· 2024-03-15 17:18
Shares of Ulta Beauty (ULTA -4.85%) dipped on Friday after the company reported results for its fiscal fourth quarter after the closing bell Thursday, even though both the results and the guidance looked pretty good. As of 12:55 p.m. ET, Ulta Beauty stock was down by about 4.5%, but it had been off by as much as 11% earlier in the session.Another beautiful year for UltaIn its fiscal 2023 Q4, which ended on Feb. 3, Ulta Beauty exceeded management's guidance with net sales of more than $3.5 billion, a 10% yea ...
Ulta Beauty (ULTA) Tops Q4 Earnings Estimates, Forms JV With Axo
Zacks Investment Research· 2024-03-15 14:06
Ulta Beauty, Inc. (ULTA) posted strong fourth-quarter fiscal 2023 results, wherein both top and bottom lines improved year over year and beat the Zacks Consensus Estimate.Results were backed by the success of the company’s holiday season strategies and carefully curated product selection, which resonated well with customers. These factors led to increased traffic, greater brand recognition, and robust member growth. Moving into 2024, the company is well-positioned for continued revenue and earnings per shar ...