What Ulta Beauty Wants Investors to Know
Ulta Beauty (NASDAQ: ULTA) recently shocked investors by reducing its full-year growth expectations. The spa and beauty products retailer said it sees sluggish sales and falling profitability for a second straight year, rather than the modest rebound it had predicted just a few months ago.
In a conference call with analysts, CEO Mary Dillon and her team explained the reasoning behind the downgrade while noting that their positive long-term outlook hasn't changed. Below are a few highlights from that presentation.
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Source Fool.com
