HomeAbout

TL;DR CNBC


Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps - TL;DR CNBC

Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps

Publishing timestamp: 2025-03-13 20:30:04


Summary

Ulta beat expectations for Q4 but issued weak guidance for the year ahead due to internal missteps, rising competition, and consumer uncertainty. The company is expecting flat or 1% growth in comparable sales in 2025 and lower earnings than expected. The new CEO plans to make investments to improve competitiveness and drive long-term growth.


Sentiment: MIXED

Tickers: ELFWMTUNDEFINEDMAMZNULTA

Keywords: amazon.com incelf beauty incbreaking news: earningsulta beauty incbreaking news: businessoddity tech ltdmacy's inctarget corpwalmart incbusinessbusiness newsearningsretail industry

Source: https://www.cnbc.com/2025/03/13/ulta-beauty-ulta-earnings-q4-2024.html


Developed by Leo Phan