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: ELF, WMT, UNDEFINED, M, AMZN, ULTA,
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Source: https://www.cnbc.com/2025/03/13/ulta-beauty-ulta-earnings-q4-2024.html