Ulta Beauty shares pop as sales climb 6%
Publishing timestamp: 2023-11-30 21:42:01
Summary
Ulta Beauty reported a 6% increase in revenue during the third quarter, leading to a rise in shares. The company also announced that its chief financial officer would retire in April. Ulta Beauty raised its full-year sales and earnings expectations and expects a promotional holiday season in the beauty category. The company saw healthy traffic at its stores and website and experienced growth in various categories, including skin care and fragrances. Ulta shares had fallen about 9% for the year.
Sentiment: POSITIVE
Keywords: ulta beauty inc, breaking news: earnings, cosmetics, business, target corp, stock markets, retail industry, business news, beauty and fashion, kohls corp drn, earnings, breaking news: business, macy's inc,
Source: https://www.cnbc.com/2023/11/30/ulta-beauty-ulta-q3-2023-earnings.html