Ulta CEO: Consumer Spending Is Cooling Off. Here's What That Means for the Beauty Stock

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 ...