Ulta Issues A Beautiful Fy Outlook, But Is The Stock A Buy Now?
Shares of Ulta Beauty are up 3.34% in the past week, after the Illinois-based company reported earnings of $5.34 per share on revenue of $2.34 billion, beating analysts’ views on both.The company raised its full-year revenue and earnings guidance.Ulta is a component of the S&P 500, and has outperformed its index by a wide margin this year.If there’s a slowdown in consumer spending, it hasn’t affected Ulta Beauty (NASDAQ:ULTA), which is trading at new highs following last week’s better-than-expected third-quarter report. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financia...