Why Ulta Beauty Stock Dipped Today
Ulta Beauty(ULTA) 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 ...