Ulta Beauty ($ULTA) stock dropped 15% due to a slowdown in the beauty category, with the CEO noting an earlier and larger-than-expected decline. The Sephora rollout is impacting growth as distribution increases, causing concern for retailers. Despite recent upgrades, some analysts predict further decline, with warnings indicating potential retail challenges.
-Alphabet -Skyworks -Ulta Here are today's top calls https://t.co/RWkZNkdXd3 https://t.co/DLmmy6e3D4
Ulta Beauty Gets an Upgrade After Stock Drops. The Selloff Was ‘Overdone.’ https://t.co/CkNXs3uHIz
$ULTA Buy Ulta following worst week since 2020, Loop Capital recommends Investors should snap up Ulta Beauty after last week’s sell-off, Loop Capital advised. Analyst Anthony Chukumba upgraded the beauty retailer to buy from hold on the heels of last week’s drop of nearly 15%,…
Old Wall upgrade on $ULTA this morning. Follow that recommendation and you're gonna get hurt. This stock is headed closer to $300. I have more conviction being short it today than when it was at $550. In the early stages of massive re-rating -- on lower numbers.
$ULTA Warned.. not a good sign for retail if they warn. Gap to finish to 430 and gap above now when it bounces https://t.co/FNj7XQozJv
Beauty Stocks Gain Ground After Ulta’s Warning. Why Some Analysts Are Still Bullish. https://t.co/7ZFktpCjt5
🇺🇸 Ulta Beauty's stock tumbles as CEO blames 'soup of activity' for slowing demand https://t.co/UCwU0TGVHL
I missed the $ULTA bounce this morning! Got distracted. +16.03 (3.64%) today That is why I have a notepad on my desk too. Congrats to all who took the trade at yesterday's close. #Dummy #Ulta https://t.co/D0exvo7CFd
Sour note from $ULTA on beauty, gift that has kept on giving. Growth normalising but also evident that Sephora rollout is starting to take a toll as category tailwinds ease. But rising distribution = more pain for retailers than for brands. $LRLCY $LVMUY $EL $ELF https://t.co/y8B4zRWCwh
can we talk about what's up with the consumer stocks? latest blow up being $ULTA yesterday... https://t.co/WcPFSV2xN8
Ulta Beauty CEO on the slowdown in the beauty category: "What we're seeing right now as we're 2 months into our fiscal year, we have seen a slowdown in the total category...That's a bit earlier and a bit bigger than we thought" $ULTA
Ulta Shares Tumble On Beauty Slowdown As Consumers Pull Back https://t.co/FL2DLw4Egb
$ULTA dropped 15% today on comments on category slowdown... consumer names dropping like flies https://t.co/AbXULtS3Ge