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Ulta Beauty Has a New Outlook

TheMotleyFool

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Ulta Beauty (NASDAQ: ULTA) recently shocked inventors by announcing a surprise return to sales growth in early 2021. Not only did the first quarter represent a huge increase compared to a year ago when COVID-19 shutdowns were peaking, but revenue set a new absolute record, too.

In a conference call with Wall Street analysts, incoming CEO Dave Kimbell and his team explained what that success means for the rest of 2021, and for Ulta's greater growth ambitions.

Let's look at a few highlights from that presentation.

Source Fool.com

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