Ulta Beauty’s same-store sales take a surprising turn, and retailer’s stock drops 8%

Date:

August 29, 2024

Shares of Ulta Beauty Inc. dropped more than 8% in the extended session Thursday after the specialty retailer reported worse-than-expected quarterly earnings, cut its guidance, and showed a drop in same-store sales against expectations of an increase.

Source link

Kamala Harris Challenged on Policy Flip-Flops in First TV Interview

France's Macron says giving Telegram CEO Durov French citizenship was a good thing

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Ulta Beauty’s same-store sales take a surprising turn, and retailer’s stock drops 8%

Recent posts

Icahn Enterprises says class-action suit following report by short seller Hindenburg Research has been thrown out

Skechers shares rise on $1 billion buyback, more upbeat outlook

Trump’s choice of Dr. Oz to oversee Medicare and Medicaid could be ‘devastating’ for millions of Americans

These two crypto funds may be compelling ways to bet on a Trump election win

French stocks and bonds slip after deadlocked election

Here’s how economic issues could help Republicans take back the U.S. Senate

A U.S. ‘sovereign wealth fund’? Please, no.

Fed rate cuts may make ether more attractive after being left behind by bitcoin

Recession fears fuel swings in interest-rate expectations and 2-year Treasury yield

D.R. Horton’s stock soars as affordable homes are still in short supply

Ulta Beauty’s full-year sales forecast is slightly better, and the company says it’s ‘gaining traction’ in competitive backdrop

Gold posts record-high finish, lifted by Fed rate-cut hopes, Middle East violence

News Corp’s REA says $7.3 billion bid for Rightmove was rejected

Trump floats manufacturing ambassador, while his Deere tariff threat draws flak from Mark Cuban

Cava’s stock slides 8% after CEO and other insiders announce stock sales

Related articles

New investigation rips Amazon’s safety record. That’s not slowing the tech giant’s stock.

U.S. oil prices drop nearly 1% on weak Chinese retail-sales data

UnitedHealth Group CEO says healthcare needs fixing. Start with these 3 problems in claims and patient costs, experts say.

Meta and Amazon donations of $1 million to Trump’s inauguration follow a history of companies cozying up to incoming presidents

Phunware — which soared as a ‘Trump trade’ — preps AI-driven canvassing tool

Trump’s invitation to Xi for inauguration could mean a ‘grace period’ before China faces tariffs

Tommy Bahama maker Oxford depends on Florida for sales. It just cut its outlook following hurricanes Milton and Helene.

AMC and Cinemark rode ‘incredible’ Black Friday box office surge, research finds

Company

Follow us